Layer-1 blockchain company Shardeum raises $5.4m in funding

Shardeum, a scalable EVM-based layer-1 blockchain deploying dynamic state sharding, has closed a $5.4 million strategic raise with participation from Amber Group, Galxe, J17 Capital, JSquare, and TRGC, among others.

The team behind Shardeum aims to leverage the additional funding to further support the growth of the ecosystem in the lead-up to the mainnet launch later this year. 

Founded in 2022, Shardeum is a highly-scalable EVM-based layer-1 blockchain deploying...