Four Pillars secures Series A led by Pantera Capital
Further Ventures joins as anchor investor as the blockchain researcher expands its institutional and infrastructure businesses.
Investment accompanies a broader business model
The April 27 announcement places Four Pillars at a roughly KRW 30 billion, or US$20 million, post-money valuation. It does not disclose the amount raised.
The financing accompanies a shift from research-led work to a wider solutions business. The company reported more than 100 collaborations and 600 research publications as the foundation for its next phase of institutional services and validator infrastructure.