Blockchain startup Arcana Network raises around 2.3 million US dollars

Blockchain startup Arcana Network raises around 2.3 million US dollars

Arcana Network, a blockchain startup, raised $ 2.3 million in a round led by Republic Crypto and Woodstock Fund.

The Digital Currency Group (DCG), Hyperedge, shl.vc from Sahil Lavingia, Fenbushi Capital, LD Capital and Paradigm Shift VC also took part in the round.

The new round comes shortly after three months when it raised a $ 375,000 seed round led by Balaji Srinivasan and other investors.

According to Arcana, the fresh capital will be used to expand its roster, strengthen its product portfolio and bring Arcana’s XAR token onto the market.

Read more The blockchain startup Arcana Network raises $ 2.3 million from Trickypedia.

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