Blockchain development company ProvLabs completes seed round of financing, with participation from Animoca Brands and others

ProvLabs, a blockchain development company that provides infrastructure technology solutions, announced the completion of its seed round of financing, led by Morgan Creek Digital and GateCap Ventures, with participation from Animoca Brands, BlockChange Ventures, CMT Digital, Medalist Partners, Serengeti Asset Management, The Operating Group, Thirdstream Partners and Walden Bridge Capital. The specific amount of financing and valuation information have not been disclosed. The new funds are intended to be used to expand its products and services such as the public Layer 1 blockchain Provenance Blockchain that supports RWA. (PRNewswire)