Morph, a fully permissionless Layer 2, Ethereum Virtual Machine (EVM), announced a $19 million seed round led by DragonFly Capital, with the aim of enhancing its ecosystem and technical infrastructure. The investment will be directed toward talent acquisition, developer incentives, marketing efforts, and refining infrastructure to bolster visibility within the Layer 2 ecosystem. With a focus on decentralization and sustainability, Morph aims to revolutionize blockchain technology utilization across the entertainment, finance, social, and gaming industries, offering advanced tooling and a venture studio for developers building on its platform.
Morph Announces $20MM Fundraise in Seed and Angel Investment
