March 13 (PROTOCOL VILLAGE EXCLUSIVE): Fjord Foundry, a token-sale platform, has raised $4.3 million in a seed round led by Lemniscap, with participation from Mechanism Cap, Zee Prime Cap, Castle Capital and various renowned angels, according to the team: “Fjord offers a host of token sale methods, including its Liquidity Bootstrapping Pools (LBPs), which prioritize equitable distribution, mitigating the risk of whale manipulation and bots. The round comes as Fjord is preparing to announce all-inclusive chain aggregation and the upcoming launch of its native utility token FJO.”
Avail’s Arjun Joins Layer-1 Ternoa as Strategic Advisor
March 13: Anurag Arjun, a Polygon co-founder who now leads the data-availability project Avail, has joined Ternoa as a strategic advisor, according to the team: “Ternoa has been a Layer 1 blockchain and TEE coprocessor infrastructure provider in the mainnet since 2022 and will launch a zkEVM layer-2 validium. As an advisor, Anurag will provide strategic counsel to Ternoa’s leadership team, offering insights and recommendations to drive the company’s growth and success and navigate Ethereum’s layer-2 ecosystem.
