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Posted: 2025-05-10 08:03:34 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-05-10 08:03:48 UTC
Verified By
Rollup News
Somnia Network received a $270M investment to boost its developer ecosystem and scale consumer applications on its high-speed blockchain.
$270M capital boost from Improbable, M², and the Virtual Society Foundation
Focus on enabling developers to build high performance decentralized applications
Grants up to $10M to incentivize developers to choose Somnia
Integration into M²’s metaverse network to amplify reach
Attracting top talent to build on the Somnia network
Ensuring practical growth and real-world application development
Competing with established Layer 1 blockchains like Ethereum and Solana