Bengaluru-based Arcana Network, the storage layer of Ethereum, with a privacy stack for DApp developers on EVM compatible chains, has raised a seed round from investors Balaji Srinivasan, former CTO of Coinbase, Sandeep Nailwal and JD Kanani, Founders of Polygon (formerly Matic), Kendrick Nguyen, Founder and CEO of Republic and other top angels in the crypto ecosystem.
The startup will use the funding for talent acquisition, product development, and building a strong developer community.