Nubit advances blockchain scalability with $12M total funding, integrating major Layer 2 frameworks and supporting multi-chain ecosystems, while pioneering an innovative data availability solution to unlock limitless applications in AI, SocialFi, and GameFi.has successfully closed an $8 million seed funding round, led by Polychain Capital, with participation from Nomad Capital, Spartan Group, L2IV, Big Brain Holdings, GCR, Protagonist, Gate Ventures, Animoca, Mask Network, and others.
"I have known and collaborated with Prof. Yu Feng and the Nubit team for a long time. Their historical achievements in ZK, security, and blockchain give me confidence that their innovative data availability solution can unlock numerous application possibilities across various sectors.", Nubit integrates a decade of research to advance blockchain scalability.
As the crypto landscape evolves, enabling unlimited innovations with the most secure and scalable data availability layer is crucial. Everyone wants to use Bitcoin's block space to secure their blockchains due to its unparalleled security, but the limited space and high costs make this impractical. Nubit addresses these challenges by leveraging Bitcoin’s economic security to provide an innovative data availability layer that ensures both security and scalability.
Beyond the Bitcoin ecosystem, Nubit recently extended its support to all major Layer 2 frameworks, including Polygon CDK, OP Stack, Arbitrum Orbit, and Scroll, making it a universally applicable data availability solution. As Nubit expands, its strategy now includes a broader scope, focusing on unlocking new possibilities for AI/ML and on-chain gaming across multi-chain ecosystems.