Polygon's modular blockchain project Avail completed a $27 million seed round of financing, led by Founders Fund and Dragonfly

Polygon modular blockchain project Avail announced the completion of a $27 million seed round financing, led by Founders Fund and Dragonfly. It is reported that Avail was spun off from Polygon in March 2023, led by Anurag Arjun, co-founder of Polygon. This round of financing will be used to develop three core products: its data availability solution (DA), Nexus, and Fusion.

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