PANews reported on July 18 that, according to Globenewswire, Web3 intelligent layer W3.io announced the completion of a $7 million seed round of financing, led by Blockchange Ventures, with participation from Framework Ventures, Arrington Capital, and others.
The alliance is building a programmable intelligent automation network called Prodigy Network, aimed at lowering the barriers for businesses to use blockchain technology. The CEO of W3.io stated that the project is committed to developing plug-and-play business solutions covering scenarios such as global micropayments and mortgages.