Blockchain Startup CasperLabs Raises $14.5 Million In Series A Funding

by Alok Kumar

CasperLabs, a decentralized blockchain platform, raised $14.5 million in Series A funding. 

Terren Piezer (also known as the Zelig of Wall Street) led the financing round through his holding company Acuitas Group Holdings.

Other notable investors include Arrington XRP Capital, Consensus Capital, Axiom Holdings Group, Digital Strategies, MW Partners, Blockchange Ventures, Hashkey Capital, and Distributed Global. 

CasperLabs is an open-source blockchain built to provide comprehensive software, services, and support that scale sustainable opportunities for developers, entrepreneurs, investors, and consumers by working with ecosystem participants.

The company plans to use the funds to hire engineers to accelerate product development.

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