Hyperbridge Secures $2.5 Million Seed Funding to Enhance Web3 Ecosystem

According to Odaily, blockchain technology company Hyperbridge has successfully raised $2.5 million in a seed funding round. The investment was led by the Web3 Foundation and Scytale Digital. Hyperbridge aims to leverage Polkadot's architecture to unlock new possibilities for decentralized applications (DApps) and improve the scalability and efficiency of the Web3 ecosystem.