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Livepeer raises $20 million in new funding

Livepeer raises $20 million in new funding

Livepeer, a decentralized video streaming platform built on the Ethereum blockchain, has raised $20 million in a Series B extension round.

The project has a large scaling update scheduled for shipping early this year called Confluence, which will move Livepeer’s internal protocol from Ethereum’s base layer to the Layer 2 network Arbitrum.

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