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Cosmic Wire Raises $30M in Seed Funding to Revolutionize Web3 Data Transfer and Interoperability

Cosmic Wire Raises $30 Million in Seed Round Led by Solana Foundation and Polygon

Cosmic Wire, a web3 company focused on seamless data transfer and interoperability across blockchains, has raised $30 million in a seed round of financing. The investment was led by Solana Foundation and Polygon.

Key Points:

– Cosmic Wire is a web3 company that aims to improve the ecosystem and give users better control over their data and online interactions.
– The company was selected to participate in Google Cloud’s web3 startup program, which will provide them with customized resources and entry into Google’s web3 ecosystem.
– Cosmic Wire’s proprietary technology is considered the backbone operating system for the web3 ecosystem.
– The $30 million seed round was led by Solana Foundation and Polygon.
– Cosmic Wire is based in Miami and is led by founder and CEO Jerad Finck.

Hot Take:

This funding round is a significant boost for Cosmic Wire as it strives to develop technology that enables seamless data transfer and interoperability across different blockchains. With the support of Solana Foundation and Polygon, and the opportunity to participate in Google Cloud’s web3 startup program, Cosmic Wire is well-positioned to make a positive impact in the web3 ecosystem. Jerad Finck’s leadership will be crucial in driving the company’s success.

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Cosmic Wire Raises $30M in Seed Funding to Revolutionize Web3 Data Transfer and Interoperability