Protocol Village: Termina, SVM-as-a-Service Platform by Nitro Labs, Raises $4M in Seed Round
Summary
Termina, developed by Nitro Labs, secured $4 million in seed funding led by Lemniscap. Termina is an SVM-as-a-Service platform designed to enhance the Solana Virtual Machine infrastructure. It aims to scale the SVM and enable developers to create customizable Solana-based networks with a focus on performance and privacy. Over 20 ecosystem partners, including Solana-native and cross-chain projects, are collaborating with Termina to facilitate the rapid deployment and management of specialized SVM networks.
