Quai Network Secures $5M in Fundraising Round from Leading Venture Capital Firms

Quai Network, a prominent Proof-of-Work Layer-1 blockchain platform, has successfully secured $5 million in a strategic funding round from leading venture capital firms Cogitent Ventures, MH Ventures, TPC Ventures, and Giga Chad Ventures.

This significant investment will enable Quai Network to further develop its innovative blockchain solutions for the ever-growing cryptocurrency market, solidifying its position as a key player in the industry.