U2U Network, a Hanoi, Vietnam-based blockchain infrastructure platform, received a seed investment from V3V Ventures.
The amount of the deal was not disclosed.
The company intends to use the funds to expand operations and its development efforts.
U2U Network is at the forefront of integrating blockchain technology with scalable infrastructure solutions. The platform utilizes the Helios consensus algorithm, enabling the U2U Chain to handle up to 72,000 transactions per second with low latency and high throughput. Its EVM compatibility allows seamless onboarding of dApps, while its Subnet technology offers decentralized services for IoT, decentralized identity (DID), and micro-payments.
FinSMEs
26/09/2024