Waves Secures $120 Million in Funding on December 19, 2018

According to media reports, Waves completed a $120 million funding round on December 19, 2018, led by Dolfin. With this round, Waves’ total cumulative funding has reached $136 million.Waves is a community-driven decentralized open-source technology stack focused on building scalable and user-friendly applications. The platform supports use cases requiring security and decentralization across various sectors, including open finance, personal identity verification, gaming, and sensitive data management.Tracing the project’s development, Waves was first listed on major exchanges in May 2016. In June 2016, it raised $16 million through an initial coin offering (ICO). The latest $120 million investment will further accelerate Waves’ progress in decentralized technology and is expected to drive innovative applications and solutions within the blockchain industry. As an open-source technology platform, Waves continues to expand its ecosystem, providing developers and users with an enhanced environment for decentralized application development.