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Blockchain Firm StarkWare Valued at $2 Billion in Funding Round


Israeli blockchain startup StarkWare achieved a $2 billion valuation in a funding round led by Sequoia Capital, raising capital to help scale up its technology that speeds up digital transactions.

The Netanya-based firm, which verifies large batches of blockchain transactions at a faster rate than traditional methods, attracted $50 million from investors, co-founders Eli Ben-Sasson and Uri Kolodny said in an interview on Tuesday. StarkWare’s earlier valuation hasn’t been made public.