The L1 blockchain project Imua has completed a $5 million seed round of financing, led by Paramita Capital and others
Golden Finance reports that the L1 blockchain project Imua has announced the completion of a $5 million seed round financing. Draper Dragon, No Limit Holdings, and Paramita Capital led the investment, with participation from Reforge Capital, Caladan Capital and others. The new funds will be used to develop new technology to bundle together the decentralized security and trust of blockchains such as Bitcoin, Ethereum, XRP and Solana into a service. This is aimed at protecting secure transactions in off-chain networks like AI agents. It is reported that Imua's public test network is now online.
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