L1 blockchain project Imua completes $5 million seed round financing, led by Paramita Capital and others

According to Golden Finance, L1 blockchain project Imua announced the completion of a $5 million seed round financing, led by Draper Dragon, No Limit Holdings, and Paramita Capital, with participation from Reforge Capital, Caladan Capital, Tan é Labs, Syntax Capital, MH Ventures, 57 Blocks, Lecca Ventures, and others. The new funds will be used to develop new technologies that bundle the decentralized security and trust of blockchains such as Bitcoin, Ethereum, XRP, and Solana, and expand them into a service to protect secure transactions on off chain networks such as AI agents. It is reported that Imua's public testing network has been launched.