Kraken is participating in a $8 million funding round for Rocket Dollar, while Multicoin Capital is participating in a $17.4 million round for Eden Network.
Multicoin Capital led the funding round that provided $17.4 million for Ethereum transaction protocol Eden Network, which was launched last month.
Investors participating in the funding round included Joshua Lim of Alameda Research, Jump Capital, Wintermute, GSR, Defiance Capital, Genesis Capital, and Andre Cronje, founder of Yearn.Finance.
With this income, new recruits will be made to develop the infrastructure of the network.
Rocket Dollar Raised $8 Million
Rocket Dollar, a retirement platform, has managed to raise $8 million in a new Series A funding round.
Companies participating in the funding round included Kraken Ventures, Hyphen Capital, Moneta Venture Capital, Primetime Partners and Sure Ventures.
According to the company’s statement, this fund will be used to improve the cybersecurity and content of the ecosystem.
Brandon Gath, managing partner of Kraken, used the following statements:
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