Irys Raise $10M to Launch Di First Programmable Datachain
Irys don raise $10M for one Series A funding round wey CoinFund carry lead, make e total capital reach $20M. Dis programmable datachain platform wan unlock value for the $3 trillion data economy by put licensing, monetization, and access control inside the data assets. Since e launch testnet for January 2025, Irys don process over 600 million data transactions, dey support 4 million active wallets, and dey work with 80 AI-focused partners. This programmable datachain method blend high-performance data layer with native smart contract execution layer for better onchain data service. E predictable pricing model, wey base on physical storage costs, dey protect users from token wahala. Developers fit join using familiar EVM-compatible tools inside few hours. This Series A funding go help quicken Irys mainnet launch, infrastructure expansion, and strategic partnerships, as CoinFund partner Einar Braathen call am the ‘AWS moment for onchain data.’
Bullish
Di successful $10M Series A funding plus di strong testnet metrics dey boost investors confidence for Irys programmable datachain. For short term, dis capital wey dem put in fit help drive partnerships an support early adoption, wey go make market optimistic. Long term, di scalable data layer, EVM compatibility, plus AI integration set strong blockchain infrastructure foundation. All dis tins mean say di demand for onchain data services dey increase an dem position Irys for steady growth, make di outlook dey bullish.