Algorithmic currency system, Array, has secured a $10 million investment from Temasek Family in its second round of funding, valuing the company at over $100 million. Array’s innovative technology includes a stable, efficient, and scalable algorithmic currency system and a fully decentralized smart contract platform, ArrayFi, driven by its self-invented AI algorithm, ArrayGo.
Facts
- Array has secured a $10 million investment from Temasek Family in its second round of funding.
- This investment values Array at over $100 million.
- Array’s technology includes a stable, efficient, and scalable algorithmic currency system.
- Array’s first round of funding raised $10 million in equity financing.
- The investment from Temasek Family indicates faith in Array’s vision and the team behind it.
- Array’s smart contract platform, ArrayFi, is fully decentralized and driven by its self-invented AI algorithm, ArrayGo.
- Unlike traditional bonding curves that are set up by centralized controllers, ArrayGo operates independently, without any human or institutional control, and is driven solely by market actions.
