💰Social App Towns Completes $10M Series B Funding Round, Led by A16z

According to official news from Towns Protocol, the social app Towns @TownsProtocol has announced the completion of a $10 million Series B funding round. This round was led by a16z @a16z and Coinbase Ventures @cbventures, with participation from Benchmark @benchmark, among others.

Towns is committed to building on-chain communication infrastructure to promote the development of Web3 social and collaboration tools.