The TON ecological L2 project DuckChain has completed a $5 million financing, with participation from dao5 and others

ChainCatcher news, the TON ecosystem L2 project DuckChain has completed a $5 million financing round, with participation from dao5, Offchain Labs, Kenetic Capital, DWF Ventures, Oak Grove Ventures, Skyland Ventures, GeekCartel, Gate.io, and Presto.

DuckChain announced a partnership with Arbitrum, OKX Wallet, OnePieceLab, and others to launch the Yellow Duck Mission hackathon, aimed at global developers and innovators to promote the birth of the next generation of decentralized applications based on the DuckChain ecosystem.

According to RootData, DuckChain is an EVM-compatible TON L2 solution supported by TONSCALE LABS and Arbitrum. This solution aims to provide unprecedented scalability and liquidity, attracting users from the EVM and Bitcoin ecosystems to join TON.