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In 50 Words: Manta Network developer raises $25m for Asia expansion

P0x Labs has raised US$25 million in a Series A funding round for its zero-knowledge blockchain, Manta Network. The funds will reportedly be used for expanding the platform in Asia and increasing its user base. The funding round was led by Polychain Capital and Qiming Venture, boosting P0x Labs’s valuation to US$500 million.

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