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Unlimit Founder Invests $45M in Phase Blockchain as Mainnet Goes Live

(4 hours ago) · 1 source · Summarized by CryptoBipto

The founder of fintech company Unlimit has backed Phase blockchain with $45 million in funding as the project launches its mainnet. Phase is a new blockchain network that has now moved from its testing phase to a live, operational network. The investment is intended to support the development and growth of the Phase ecosystem.

WHY IT MATTERS

A mainnet launch is when a blockchain project goes from being in a testing or development stage to being a real, working network where actual transactions can happen.

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SOURCES

  • cointelegraph.com

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