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Pantera Capital leads a $20 million funding round into Subzero Labs, which is emerging from stealth to develop a blockchain for decentralized applications.
Amount Raised
$20 Million
Investors
Description
Pantera Capital is leading a $20 million funding round into Subzero Labs, a startup emerging from stealth that’s building a blockchain for decentralized applications. The project, called Rialo, aims to offer the responsiveness of Web2 with a focus on various application types. Notable contributors include Coinbase Ventures and Mysten Labs. Subzero has already attracted talent from major tech firms and aims to leverage innovative technologies.
Funding Insights
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