Starkware Raises $75M in Series B Funding Round

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As Ethereum's scaling efforts heat up, one Israeli-based startup hopes a new $75 million funding round will position it as the infrastructure backbone across decentralized finance, non-fungible tokens, and security.

StarkWare Industries, which provides scaling and security solutions to overcome the limitations of Ethereum’s existing technology, announced Wednesday a Series B fundraise led by crypto VC firm Paradigm. Paradigm previously led StarkWare's $30 million fundraise in 2018.

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