Permissionless Labs Secures $10 Million Funding Led By Multicoin

According to PANews, Permissionless Labs, the development company behind the content delivery network Pipe Network, has successfully raised $10 million in funding. The funding round was led by Multicoin and aims to assist in the rapid expansion of CDN nodes by leveraging existing computing power where it is most needed. The project is set to rely on the Solana blockchain.