Gradient Network, the open layer for edge computing in the Solana ecosystem, has completed a new round of financing, with participation from Multicoin Capital and others.

ChainCatcher news, according to official sources, the Solana ecosystem edge computing open layer Gradient Network announced on the X platform that it has completed a new round of financing, with participation from Pantera Capital, Multicoin Capital, Sequoia Capital, among others. The specific financing amount and valuation data have not yet been disclosed.

It is reported that the new funds will be used to promote its decentralized protocol and the development of computing power and staking solutions in the blockchain network.

Gradient Network is an open layer for edge computing on Solana, aimed at making computing inclusive, accessible, and affordable for everyone.