The "Network State" project Praxis has announced the completion of a $525 million financing round, with investors including GEM Digital, Arch Lending, and Manifold. Angel investors include Dan Romero (CEO of Farcaster), Tom Schmidt (Dragonfly GP), Rob Hadick (Dragonfly GP), Anirudh Pai (partner at Dragonfly), Kartik Talwar (CEO of ETHGlobal), Mert (CEO of Helius Labs), Max Novendstern (co-founder of Worldcoin), and Will Price among others.

Foresight News reports that the "Network State" project Praxis has announced the completion of a $525 million financing round, with investors including GEM Digital, Arch Lending, and Manifold. Angel investors include Dan Romero (CEO of Farcaster), Tom Schmidt (GP of Dragonfly), Rob Hadick (GP of Dragonfly), Anirudh Pai (Partner at Dragonfly), Kartik Talwar (CEO of ETHGlobal), Mert (CEO of Helius Labs), Max Novendstern (Co-founder of Worldcoin), Will Price, among others.

The network state project Praxis has completed a $525 million funding round.