Mango Network Raises $13.5M for Cross-Chain Revolution

Coin WorldFriday, Feb 14, 2025 7:12 am ET
1min read

Mango Network, a multi-vertical full-chain network, has successfully raised $13.5 million in a financing round led by Kucoin Ventures, with participation from other notable investors such as Ainfra Ventures, Tido Capital, Connectico Capital, Becker Ventures, Tfund, Mobile Capital, and CatcherVC.

The funding will support the launch of Mango Network's mainnet and Token Generation Event (TGE), marking significant milestones in the project's development. Mango Network aims to provide a seamless and efficient cross-chain experience for users, enabling interoperability between different blockchains.

Mango Network's innovative approach to cross-chain interoperability has garnered significant interest from investors, who recognize the potential of the project to revolutionize the blockchain landscape. The successful financing round is a testament to the growing demand for cross-chain solutions and the potential of Mango Network to become a leading player in the space.

As the blockchain industry continues to evolve, the need for interoperability between different blockchains becomes increasingly apparent. Mango Network's multi-vertical full-chain network addresses this challenge by providing a comprehensive solution for seamless cross-chain transactions. With the support of its investors, Mango Network is well-positioned to capitalize on the growing demand for cross-chain interoperability and become a key player in the blockchain ecosystem.

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