Lightnet, the company behind the Velo Protocol, recently raised $31.2m in a Series A round

“It’s vital that we build an ecosystem to provide Lightnet access to our partners’ vast user base and facilitate deeper penetration into local markets. We project that within three years, Lightnet will facilitate over $50 billion worth of annual transactions through our industry-leading partner network,” Tridbodi Arunanondchai, Lightnet’s vice-chairman, said in the report.

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