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StarkWare raises $50m in Series C funding

Israel based Ethereum Layer 2 developer using zero-knowledge rollups to more quickly validate transactions raised $50m in Series C funding led by Sequoia. 

StarkWare hopes to bring "crypto apps for all" with StarkNet. StarkWare's another co-founder Eli Ben-Sasson said in the interview that StarkNet will help make blockchain technology "usable by a much wider population."

Tags

ethereum, defi