According to Foresight News, Delegate Labs, the team behind the security protocol Delegate, has completed a $9 million seed funding round. Investors in the round included Electric Capital, Arca, Variant, and Arrington Capital. The funds raised will be used to finance the Web3 domain protocol Clusters.
As previously reported by Foresight News, Delegate, an Ethereum infrastructure project, collaborated with LayerZero, a cross-chain interoperability protocol, to launch the blockchain-based domain protocol Clusters.