ENSO completes $4.2 million financing, led by Ideo Ventures and Hypersphere

ChainCatcher news, according to Coindesk, the chain abstraction intent engine ENSO has announced the completion of a $4.2 million financing round. This round was led by Ideo Ventures and Hypersphere, with participation from over 60 angel investors.

The funds raised will be used to launch a Cosmos-based L1 blockchain this year and for ongoing product development. According to its official Twitter, ENSO is an intent engine powered by a future centered around intent, supported by @Polychain and @multicoincap.