Team behind crypto privacy protocol Manta Network is now valued at $500M

Even amid the crypto winter, some web3 companies are racking up hefty valuations. P0x Labs, the team behind Manta Network, a privacy-preserving protocol running on the Polkadot blockchain, announced today that it has reached a $500 million valuation following a $25 million Series A funding round.
Lead investors in the round are crypto-focused Polychain Capital and China-focused venture firm Qiming Venture Partners, which has built a reputation in web3 for backing projects like the ImToken wallet and web3 infrastructure platform InfStones. Other backers include Alliance, CoinFund, and SevenX Ve

リンク元