encryption startup Orochi Network has completed a $12 million financing round, with participation from Presto Labs, etc.

BlockBeats news, on February 27th, according to Cointelegraph, encryption technology startup Orochi Network completed a $12 million financing round, with Presto Labs, Smape Capital, Anti Capital, Maxx Capital, Bolts Capital, AZA Ventures, and Connectico participating, and also received funding from Ethereum Foundation, Mina Protocol, Web3 Foundation, and BNB Chain. Orochi Network has launched a series of products aimed at enhancing Block functionality, privacy, and efficiency.