🆕 Former White House Deputy CTO raises $3.7 million for Ethereum scalability project
Ed Felten, former Obama deputy chief technology officer and founder of Offchain Labs, just raised $3.7 million in a funding round led by Pantera Capital. Offchain's premiere product, Arbitrum, is an Ethereum ($ETH) based permissioned blockchain for businesses. Planned for a two part release in later this year, Arbitrum is working toward interoperability with other major chains.
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