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Mandala Chain Secures $1 Million in Pre-Seed Funding to Expand Blockchain Infrastructure in Emerging Markets

Mandala Chain Secures $1 Million in Pre-Seed Funding to Expand Blockchain Infrastructure in Emerging Markets

CointimeCointime2024/12/09 15:11
By:Cointime

Mandala Chain, an L1 blockchain dedicated to connecting government, enterprise, and retail in emerging markets, has successfully closed its pre-seed funding round, raising $1 million. The round was led by Harbour Industrial Capital, with participation from O-DE Capital, NLS Ventures, and strategic Polkadot ecosystem partners. Mandala Chain aims to onboard the next 100 million users into Web3 through its innovative blockchain infrastructure and focus on addressing real-world challenges in emerging markets. The funding will enable Mandala Chain to scale its operations, build strategic partnerships, and expand its presence in emerging markets, starting with key initiatives in Indonesia.

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