NEAR’s Aurora Raises $12M to Expand Ethereum Layer-Two Network

NEAR’s Aurora Raises M to Expand Ethereum Layer-Two Network
A new layer-2 ecosystem is on the rise and now it has $12 million to expand operations.Aurora, a project built on the NEAR blockchain allowing for Ethereum Virtual Machine (EVM) contracts to run on the chain, has completed an equity raise of $12 million at a $150 million valuation.The round was led by Pantera Capital and Electric Capital, but the round included over 100 investors by virtue of a “ecosystem bucket” accounting for the majority of the raise.In an interview with CoinDesk, Aurora founder Alex Shevchenko said that the goal of the round was to help expand the early ecosystem…