Orbs
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Orbs, a developer of encryption infrastructure, will raise $10 million
It is reported that Orbs, a cryptocurrency infrastructure developer, will raise US $10 million from DWF Labs. Orbs plans to continue to develop its infrastructure to increase adoption, including on the Ethereum Virtual Machine (EVM) chain and Open Network (TON). Orbs recently started to build the first non-EVM Layer 1 on TON. Interpretation of this information: Orbs, a cryptocurrency infrastructure developer, is set to receive a whopping $10 million in funding from DWF Labs. This funding will be crucial for Orbs as it looks to develop its infrastructure and increase…