Ethereum scaling network SKALE raises $17.1M in new funding to speed up its mainnet launch
Ethereum scaling project SKALE Network has raised $17.1 million in new funding according to an announcement from the project. Participants in the round include SKALE Labs and ventures funds Winklevoss Capital, Arrington XRP Capital, Blockchange, ConsenSys Labs and Multicoin Capital, Hashed, HashKey, and Recruit Holdings. SKALE Labs CEO Jack O’Holleran said the funds will be used to speed up the launch of SKALE's mainnet which will be ready for launch some time in the fourth quarter.
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