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Versatus Labs Raises $2.3M to Bring World’s First Stateless Rollup

Stateless roll-up Versatus LASR represents a pure execution environment that relocates compute processes off-chain without the inherent responsibilities or expenses tied to maintaining state and storing data. On Wednesday, December 6, peer-to-peer web services protocol Versatus Labs announced its successful fundraising of $2.3 million with key investors being Republic Crypto and NGC Ventures. The fundraise happens at the company’s valuation of $50 million. Also, it will help the Versatus...

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