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NodeKit completes US$1.2 million in Pre-Seed round of financing, led by Borderless Capital

The NodeKit development team based on Avalanche's SEQ announced the completion of a $1.2 million Pre-Seed round of financing, led by Borderless Capital, with participation from Avalanche Blizzard Fund, Polygon Ventures, and Wormhole Cross-Chain Ecosystem Fund.It is reported that SEQ is a shared sorter Layer1 network that will help Rollup chains launch and decentralize their transaction sorting. SEQ will operate as an independent blockchain or subnet within the Avalanche ecosystem.