Blockchain network XION completed US$25 million in Series A financing, with participation from Multicoin Capital and others

Blockchain network XION completed a $25 million Series A financing earlier this month, with participation from Multicoin Capital, Animoca Brands, Arrington Capital, and others. XION is a blockchain built specifically for consumer-centric developers and was developed by Burnt. The company stated in a statement that this is the first platform that allows developers to build, launch, and scale Web3 products for consumers from scratch.