The Layer1 blockchain Shardeum founded by WazirX co-founder and CEO Nischal Shetty completed a $18.2 million seed round of financing, jointly led by Jane Street, Struck Crypto, Spartan Group, Big Brain Holdings, DFG, Ghaf Capital Partners, and Foresight Ventures. The funds will be used to strengthen the company's marketing and develop the development team to further strengthen Shardeum's dynamic sharding technology and ecosystem development. Participating investors in the round include Coingecko Ventures, WeMade, ZebPay, Jsquare, Nestcoin, Veris Ventures, Tupix Capital, Mapleblock Capital and NetZero Capital, former Coinbase CTO Balaji Srinivasan, Kraken CMO Mayur Gupta, Michael Montero, Coinbase Pankaj Gupta, Vice President of Engineering, Harsh Rajat, Co-Founder, Push Protocol, Nakul Gupta, Principal Program Manager, NFT Marketplace and Institutional Training, Coinbase, Ajeet Khurana, Founder, Reflexical, Ravi Adusumalli, General Partner, Elevation Capital, Chandan Choudhury, Co-Founder, Router Protocol, Covalent Founder Ganesh Swami, Frontier co-founder Ravindra Kumar, Bitinning founder Kashif Raza, and many more.