22nd Mar 2024 14:15
KR1 PLC - investor focused on the blockchain industry - Invests USD600,000 into Moondance Labs. The investment took place as part of Moondance Labs' strategic funding round.
"Moondance Labs is building Tanssi, an infrastructure protocol that equips developers with a set of tools and services specifically designed to make appchain deployment swift and effortless. By simplifying appchain deployment, Tanssi reduces processes that previously took months to mere minutes. Connecting a chain to Tanssi automatically transforms it into a modular appchain, granting access to a permissionless, developer-friendly environment and integrating key features like block production, wallets, trustworthy data reliability, oracles, and cross-chain connectivity," KR1 says.
Current stock price: 86 pence
12-month change: more than double from 35p
By Sophie Rose, Alliance News senior reporter
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