Tanssi development company Moondance Labs completes US$6 million in strategic financing

Moondance Labs, the developer of the Tanssi Network application chain infrastructure protocol, has announced the completion of a strategic financing of $6 million, jointly led by Scytale Digital, KR1 and SNZ, with participation from Arrington Capital, Borderless Capital, Hypersphere, Blockchain Founders Fund and angel investors Gavin Wood, among others.

The funds from this round of financing will be used to expand the Moondance Labs team and further develop Tanssi. In addition, Tanssi plans to launch incentive test network activities.