Layer1 project Shardeum completes $5.4 million strategic financing at a valuation of $248 million, with participation from Amber Group and others

ChainCatcher news, Layer1 project Shardeum announced the completion of a $5.4 million strategic financing round, with participation from Amber Group, Galxe, J17 Capital, TRGC, Jsquare, Bware Labs, Tané Labs, Hyperithm Group, and Luganodes. According to a representative from Shardeum, the company's latest valuation is $248 million, and this financing round was initiated in March of this year, originally aiming to raise $5 million.
Previously, according to the crypto data platform RootData, Shardeum completed a $18.2 million seed round financing in October last year, with investors including Spartan Group, Big Brain Holdings, Jane Street, Foresight Ventures, and others. (Source link)