StarkWare quadruples valuation to $8b
May 26, 202211 min
Series D valuation of $8 billion comes on the heels of a $2 billion valuation just six months ago. StarkWare processes more transactions than Bitcoin, and is the leading ‘scaling’ solution for crypto projects trying to overcome the fact that blockchain is congested, and expensive to use. Deal was closed in the thick of a crypto bear market. Company says this emphasizes high investor confidence in its tech, which is ‘infrastructure we’ve all been waiting for to move to Web3.’ StarkWare Industries, inventor of technology to...