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Ethereum scaling startup Versatus completes $2.3 million in seed round at $50 million valuation

Ethereum scaling startup Versatus has raised $2.3 million in seed funding with a valuation of $50 million. Investors in this round of financing include NGC Ventures, Republic Crypto, and Hyperithm. There is no main investor in this round of financing, and it is a round of equity plus token subscription warrants financing.