Modular income layer Cygnus completed a US$20 million Pre-Seed round of financing, with Manifold and others participating in the investment

PANews reported on February 19 that according to official news, the modular income layer Cygnus announced that it had completed a US$20 million Pre-Seed round of financing, with Manifold, OKX Ventures, Mirana Ventures, Optimism Retro Funding and others participating in the investment. The financing will accelerate Cygnus' growth and expand its product range.

According to reports, Cygnus is a modular real-life income layer, allowing blockchains to customize their own restaked network and achieve shared security. In addition, Cygnus is building the first Web3 Instagram application layer, integrating on-chain and off-chain assets to power the creator economy.