African Blockchain Lab ABL Raised $ 6 Million in Pre-A Round

2021-12-7 19:14
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On December 7, African Blockchain Lab ABL raised $ 6 million in pre-A rounds. The investments were led by Africa Venture Capital Corporation, Lateral Frontier VC, CRE Venture Capital and Musha Ventures. Dragonfly Capital, Hashkey Capital, SNZ Capital, Fenbushi, Cadenza Capital, Head & Shoulder X, LeadBlock, Hash World, Bonfire, Krypital and Despace all contributed to these investments. Vincent Li, co-founder of African Blockchain Lab ABL, said the platform aims to support the development of digital assets and blockchain technology in Africa. Money owed by investors enables the company to bring world-class technology, operations and innovation to the African continent, starting with its first products. , VIBRA. (Nyra matrix)

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The Bitcoin Lightning network has grown by over 23% in the past three months, and El Salvador has included BTC in terms of profitability, or that's the main reason.
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