Ethereum L2 Boba Network valued at $1.5 billion following Series A
Boba Network, an Ethereum Layer 2 scaling solution, has raised $45 million in a Series A funding round at a $1.5 billion valuation.
The funding round had participation from several crypto-focused venture funds including Infinite Capital, Hypersphere and several crypto industry founders from projects such as Origin Protocol, The Graph, FEI Labs and exchange giants Crypto.com and Huobi.