Blockchain oracle RedStone raises $15 million Series A via token round | Headlines | News | CoinMarketCap

07/02/2024 21:14
Blockchain oracle RedStone raises $15 million Series A via token round | Headlines | News | CoinMarketCap

RedStone, a modular blockchain oracle provider, has raised $15 million in a Series A funding round led by Arrington Capital. Other investors in the …

RedStone, a modular blockchain oracle provider, has raised $15 million in a Series A funding round led by Arrington Capital.

Other investors in the round included Kraken Ventures, White Star Capital, Spartan Group, Amber Group, SevenX Ventures and IOSG Ventures, RedStone said Tuesday. Angel investors, including Smokey the Bera and Homme Bera of Berachain, Mike Silagadze, Jozef Vogel and Rok Kopp of Ether.Fi, and Amir Forouzani, Jason Vranek and Christina Chen of Puffer Finance, also joined the round.

RedStone began raising funds for the Series A round in April after receiving inbound interest from investors and closed the round in June, founder and CEO Jakub Wojciechowski told The Block. The round was structured as a simple agreement for future tokens (SAFT), Wojciechowski said, adding …

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