OpenSocial Protocol raises $6 million in funding from Framework Ventures and North Island Ventures | Headlines | News | CoinMarketCap

07/25/2024 19:17
OpenSocial Protocol raises $6 million in funding from Framework Ventures and North Island Ventures | Headlines | News | CoinMarketCap

OpenSocial raised $6 million in strategic funding led by Framework Ventures and North Island Ventures. Other participants in the round include …

OpenSocial raised $6 million in strategic funding led by Framework Ventures and North Island Ventures.

Other participants in the round include Hivemind Capital Partners, Stratos, Moonrock Capital, Chorus One, HV Capital, X Ventures, Gat Labes, Panga Capital, Aspen Digital and angel investors such as Selini Capital’s Jordi Alexander, EigenLayer’s Sreeran Kannan, Pudgy Penguin’s Luca Netz and Polygon Labs’ Sandeep Nailwal, according to a release shared with The Block. 

The round brings OpenSocial's total funding raised to $26 million. It intends to use the funds to growing its multichain tech and including more ecosystem support for web3 community apps. 

OpenSocial Protocol builds in elements for intellectual property, community relationship, monetization and financial …

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