1/5 We’re delighted to have co-ed the $8.3M seed round for MultiVM blockchain Cytonic, alongside @latticefund.

Lemniscap is an investment firm specialising in investments in emerging cryptoassets and blockchain startups.

2/5 Developed by MultiVM Labs, Cytonic is an execution layer engineered to address blockchain compatibility challenges, emerging as the first Layer 1 that runs multiple VMS within the same network layer using shared storage.

3/5 Recognising the heightened fragmentation across multiple chains that has hindered obstructed Web3 growth, Cytonic is compatible with most blockchains like Bitcoin, Ethereum, & Solana, enabling different transaction types to be processed together in a single block.

5/5 We’re proud to support Cytonic’s mission to break down the silos between blockchains, empower developers & drive collaboration, innovation, & adoption across the Web3 ecosystem. Congrats to the team on today’s milestone!

4/5 Cytonic Co-Founder Ivan Miskovic is driven to make on-chain interactions easier & more efficient for everyone involved, reducing transaction fees & waiting times when moving assets between chains.