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Market News

BlockDAG Network Raises $190 Million in Funding

Written By Jalpa Bhavsar
Fact Checked by Jahnu Jagtap
Published February 2, 2025 12:06 AM·Updated 2 years ago
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BlockDAG Network Raises $190 Million in Funding

BlockDAG Network, a cryptocurrency project leveraging Directed Acyclic Graph (DAG) technology, has recently achieved significant fundraising milestones.

As per the Post, the company has raised $190 million, which highlights strong belief and innovation behind the project, as the BlockDAG community continues to grow and attract global attention.

BlockDAG raise fund
BlockDAG Network Raises $190M, Source: X

These rapid fundraising efforts show the growing interest and confidence in BlockDAG’s innovative approach to blockchain technology.

Additionally, BlockDAG has introduced the X1 Miner app, enabling users to mine cryptocurrency using everyday devices like smartphones and laptops, thereby democratizing access to crypto mining. 

Also Read: Grayscale Launches Bitcoin Miners ETF for Investor Exposure

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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