Caduceus, the new blockchain designed to provide the infrastructure layer for metaverse development, has raised $4 million, at an $80 million valuation, in an oversubscribed Series A round led by Susquehanna International Group, the leading crypto investment firm, founded by Jeff Yass.
Other lead investors in the round included Bin Zayed Group, BlockFills, Qredo, TokenInsight, Nukkleus, Digital RFQ, Europe’s leading digital asset execution platform, and Luna VC. Celebrity investment comes in the form of soccer legend, ex-England and Chelsea FC Captain, John Terry.
The funds will help the future development of decentralised rendering and Edge Cloud Computing as part of the Caduceus Metaverse Protocol.
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Co-founder Tim Bullman says, “We are delighted that investors have recognised the value of the Caduceus Metaverse Protocol layer 1 blockchain which is dedicated to the production of an infrastructure layer to enable industry-wide metaverse development.”
“Caduceus is developing a suite of developer toolkits and hardware solutions that create a rich environment for metaverse development enabling the building, financing and cross chain portability of 3D worlds and digital assets from metaverse to metaverse – all from a decentralised, fully modular, open access blockchain with lower transaction costs, higher speeds and greater security than any other public blockchain – and we are pleased to see the investment community recognising the huge potential of this ground breaking technology.”
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Caduceus is a developer-friendly, easy-to-use underlying public chain platform that comes with its own complete set of development tools.
“Caduceus is the home of the future,” continues Tim Bullman. “A place to develop everything the metaverse has to offer – in finance, in commerce, in creativity and for businesses as yet un-dreamed of – and this successful investment round propels us a step closer to enabling the building of that future on the Caduceus blockchain.”
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