March 21: Morph, a fully permissionless Ethereum Virtual Machine (EVM) layer 2 for value-driven dApps, announced the close of a $19 million seed round, led by DragonFly Capital with additional participation from Pantera Capital, Foresight Ventures, The Spartan Group, MEXC Ventures, Symbolic Capital, Public Works, MH Ventures, Everyrealm, with an additional $1MM raised in an angel round. According to the press release: “The innovative technology is built within three key pillars – decentralized sequencer, optimistic zkEVM integration and modular design.”
![Protocol Village: Morph EVM Raises M in Seed Round Led by Dragonfly Protocol Village: Morph EVM Raises M in Seed Round Led by Dragonfly](https://www.coindesk.com/resizer/anPbRzQBfc7-pEiwMErfKjteN6I=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/UK44TNET4ZFIFAX2JQSWJQJSTU.jpeg)