Web3 relay network Gelato Network completed Series A+ financing, led by IOSG Ventures
Ray Xiao, the Managing Director of IOSG Ventures, announced on X platform that they have recently completed the lead investment in Gelato Network's A+ round of financing, but did not disclose the specific amount of financing. According to RootData, Gelato Network is a Web3 automation and relay network that enables developers to automatically execute various arbitrary smart contracts on all EVM-compatible blockchains (such as Ethereum). Gelato Network previously completed a $11 million A round of financing on September 30, 2021, with a valuation of $125 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Fantom’s Solid Pattern of Higher Lows: What’s Next for FTM Price?

LINK’s Nearly 5% Daily Jump Sparks Optimism- Will LINK Reach $20 Soon?

Sonic Soars Over 6%—Can a Successful Breakout Send It Toward $1?

Solana’s Path to $3,800—Will It Hold Above $130 This Weekend?

Trending news
MoreCrypto prices
More








