Bag secured! Working towards becoming the first protocol to support two virtual machines on its Polkadot parachain, AstarNetwork just raised $22 million in its latest strategic fundraise.
Astar, a multichain DApp protocol, formerly known as Plasm, has raised $22 million in its latest strategic fundraise.
Astar is currently working to become the first protocol to support two virtual machines on its Polkadot parachain—The Ethereum Virtual Machine and WebAssembly . While EVM is currently active, the platform would transition to WASM over time. Talking about the impact of two virtual machines on a single Polkadot parachain, Sota Watanabe, founder of Astar Network said:
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