Verification Protocol Fusotao Protocol Closed $2.4 Million Seed Funding Round

TokenInsight news, Fusotao Protocol, a verification protocol for the Octopus Network ecosystem, closed a $2.4 million seed round led by D1 Ventures, Seven X Ventures and Big Brain Holdings, with participation from Octopus Network, 0x Ventures, Vespertine Capital, and CeloLaunch Labs. Fusotao Protocol is a verification protocol for order-book based matching systems, using the paradigm of “execute off-chain, verify on-chain”. It is reported that Fusotao's first DEX FXDX will be launched in early May this year.