Modular blockchain ECLIPSE has completed a $50 million Series A financing round, led by PLACEHOLDER and HACK VC, with participation from POLYCHAIN CAPITAL, DELPHI DIGITAL, and others. ECLIPSE is built on the SOLANA virtual machine for execution, CELESTIA for data availability, and Ethereum for settlement and consensus. ECLIPSE plans to launch its mainnet in the second quarter of 2024, with multiple DApps already testing its infrastructure. (BLOCKWORKS)