smlXL Secures $13.4 Million in Successful Funding Round with Notable Venture Backin

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The creators of smlXL have announced the successful completion of their initial funding round, raising $13.4 million. The round saw participation from well-known venture firms such as Andreessen Horowitz (a16z crypto), Greylock, and others.
Prominent crypto analyst and journalist Colin Wu noted that smlXL released its debut product for developers last year, known as evm.codes. The project’s creators have developed an interactive guide on Ethereum Virtual Machine (EVM) operation codes, aiming to have a significant impact on the development of “unchecked Solidity contracts.” Their product, evm.storage, is capable of decoding and tracking every contract in real-time.
According to Foresight News, representatives from the cryptocurrency startup smlXL expressed their goal of making blockchain more transparent, useful, and accessible to people. Currently, the company’s developers are striving to create and implement a “patented technology that enables the use of determinism and transparency for thorough analysis of bytecode and EVM contracts.”
Previously, the crypto.ru editorial team reported that European tech startup Atani secured $6 million in investments. The fundraising effort was led by the Mexican venture firm Cometa, with participation from well-known financial institutions such as JME Ventures, Conexo Ventures, and CDTI.
Among the angel investors is Neil Kunja-Gomez, who heads the financial technology and cryptocurrency department at Softbank. The company offers its clients the opportunity to trade numerous cryptocurrencies without the need to register accounts on various exchanges.