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MegaETH developer MegaLabs completes a $10 million financing through the Echo platform
BlockBeats News, on December 14th, according to The Block, MegaETH developer MegaLabs completed a $10 million financing through the Echo platform. Shuyao Kong, co-founder of MegaLabs, said that the structure of this round of financing is equity plus token warrants, which is the same as the $20 million seed round financing in June. In addition, the valuations of the two rounds of financing are both ‘hundreds of millions of dollars’.