WWVentures Announces Series A Investment in Taiko

WWVentures Series A Investment in Taiko

We are proud to announce our Series A investment in Taiko. Taiko is renowned for its innovative Ethereum-equivalent ZK-Rollup technology, has emerged as a leader in the rollups space, boasting the largest Discord community in its category. With over 1,000,000 unique wallets involved in six testnet iterations and a vibrant ecosystem of 80 live apps, Taiko has built a powerful community that caters to newcomers and crypto natives alike.

The recent launch of its 6th testnet, Katla, and the allocation of nearly $30 million for its second round of ecosystem grants provide the foundation for substantial growth over the coming years. WWVentures recognizes the importance of supporting innovative technologies that drive the industry forward. Our investment in Taiko is a testament to our belief in the community, their vision, and capabilities.

The support from leading investors such as Lightspeed Faction, Hashed, Generative Ventures, and Token Bay Capital, alongside WWVentures and others, highlights the widespread confidence in Taiko’s technology and its potential to transform Ethereum scaling. We are proud to be part of this journey and are excited about the future developments Taiko will bring!

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DISCLAIMER: Content in this article does not constitute financial advice. Cryptocurrencies are volatile assets. Always do your own research and invest at your own risk