Manta Network, a Polkadot-based privacy initiative, raised $5.5 million fund.

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Manta Network, a Polkadot ecosystem privacy layer project, has raised more funds to continue developing decentralised finance (DeFi) application cases by improving blockchain privacy.

Manta Network launched a $5.5 million funding round on Tuesday, with more than 30 venture funds participating, including crypto hedge fund CoinFund and alternative investing firm ParaFi Capital.

Story by : Norvisi Mawunyegah