Lagom Chain, a London, UK-based company providing an EVM-compatible Layer 1 solution, raised $200K in funding from Singh Coin.
The investment valued Lagom Chain at $4m.
The company intends to use the funds to build in-house white-label solutions, strengthen its ecosystem of developers and partners, and accelerate the implementation of its roadmap.
Led by CEO Harman Puri, Lagom is an EVM-compatible Layer 1 solution built for the tokenization of real-world assets, enabling integration with existing blockchain tools and applications. With plans to integrate quantum-proof solutions and a focus on loyalty points and rewards, it aims to improve the Internet of Value Exchange.
Biodry India, the Indian arm of the Swiss-based World Leader in Rising Damp Solution, has initiated the development of its Blockchain-based application on the Lagom Chain. The application will act as a decentralized platform to store humidity level reduction, maintain a record of the installation and service of the Biodry devices, issue authentic dampness-free certificates digitally, and leverage secured data storage for research purposes.
FinSMEs
10/03/2025