Astar, a multichain DApp protocol, formerly known as Plasm, has raised $22 million in its latest strategic fundraise.
The funding round was led by Polychain and saw participation from the likes of Alameda Research, Crypto.com Capital, Digital Finance Group and a few other angel investors. Astar rose to popularity after gaining the Polkadot parachain slot last December and the protocol was officially launched on Jan. 17th.