Toronto, ON – According to filings with the U.S. Securities and Exchange Commission, ChainSafe is raising $18,750,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Aidan Hyman played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About ChainSafe
ChainSafe Systems is an R&D firm specializing in blockchain and web3 infrastructure. We believe that empowering developers with blockchain-agnostic tools is essential for the future of decentralized systems. ChainSafe is one of the few multi-chain research and development firms. We support the decentralized web through high-impact contributions to leading protocols. Our work comprises node implementations, smart contract engineering, distributed systems research, blockchain applications, tools, audits, and much more. Everything we work on is open-source and community-oriented. And our work in various ecosystems reflects the conviction that the full vision for web3 cannot be realized without persistence, collaboration, and an open mind.

To learn more about ChainSafe, visit http://www.chainsafe.io/

Contact:
Aidan Hyman, Chief Executive Officer
416-294-2166

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