Cryptocurrency hardware company Fabric Systems has completed a $13 million seed round financing, with participation from TeraWulf and others

ChainCatcher news, the encryption hardware company Fabric Systems has completed a $13 million seed round financing, with participation from TeraWulf, Metaplanet, Blockchain.com, and 8090 Ventures.

It is reported that Fabric Systems plans to build two products: liquid-cooled Bitcoin miners and computer processors for advanced cryptographic algorithms (such as zero-knowledge proofs). (Coindesk)