March 17: TEN, an encrypted Ethereum layer-2 network, announced a funding round of $9 million, led by R3, according to the team: “R3, a consortium of 42 of the world’s largest banks exploring blockchain-based RWA tokenization and CBDCs, has been a major supporter of TEN from its inception, with over half of TEN’s senior team hailing from R3, which developed the leading tokenization platform Corda. In addition to R3, the funding round includes support from notable investors such as Republic Crypto, KuCoin Labs, Big Brain Capital, DWF Labs and Magnus Capital.”
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