FinTechFunding

VRRB Labs: Raises $1.4M in Pre-Seed Funding

VRRB Labs Raises $1.4M in Pre-Seed Funding

  • VRRB Labs, a Miami, FL-based decentralized protocol developer, raised $1.4M in Pre-Seed funding
  • The round was led by Jump Crypto, Taureon, and Big Brain Holdings
  • The company intends to use the funds to further scale its development and marketing teams and build out an educational program for developers interested in building on VRRB’s platform
  • VRRBLabs is building VRRB, an innovative blockchain protocol built on top of a novel consensus mechanism called Proof of Claim
  • VRRB leverages a Proof of Claim (“PoC”) consensus algorithm to achieve speed and scale, both vertically and horizontally
  • Additionally, VRRB implements a novel approach to smart contract DevOps and execution
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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