According to Odaily, the decentralized settlement protocol, Kima Network, has announced that it has successfully secured strategic investment from Connectico Capital. Kima Network is a blockchain-based protocol designed to address the fragmentation issues in the cryptocurrency and broader financial sectors.
The network aims to achieve inter-chain and hybrid transactions by introducing a new financial primitive known as Smart Transaction. In addition, Kima Network is committed to building user-friendly SDKs for Web3 and Web2 applications. This strategic investment from Connectico Capital is expected to further bolster the network's efforts in achieving its goals.