Natix Network Completes $4.6 Million Strategic Financing, Led by Borderless Capital

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According to Foresight News , the decentralized map network Natix Network has completed a strategic financing of US$4.6 million, led by Borderless Capital and co-led by Tioga Capital. Nomura's Laser Digital, Big Brain Holdings, Escape Velocity, IoTeX, WAGMI Ventures and Moonrock Capital, as well as angel investors such as Figment Capital Managing Partner James Parillo, Bitget Managing Director Gracy Chen, bitsCrunch CEO Vijay Pravin Maharajan and Paul Taylor participated in the investment. This round of financing started in January this year and ended this week. This round of financing will be used to recruit engineering and business development personnel to expand the team size.

Natix will launch the eponymous token NATIX on Solana in the second quarter of this year. The total supply of NATIX is 100 billion. It is expected that 1 billion NATIX (accounting for 1%) will be airdropped to users in batches.

Foresight News previously reported in April 2023 that according to Tech.eu, Natix Network completed a $3.5 million financing round led by Blockchange Ventures, with participation from XYO, Mysterium Network, CVVC, Mulana Capital, Blockarm Capital, Techstars, Plug and Play Ventures and CoinIX Capital.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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