Nervos Network has raised $72 million through token sales

Nervos Network, an open source public blockchain project, said on Wednesday that it had raised $72 million in token sales last month, one of the most important fundraising in the cryptocurrency sector this year. The project aims to address the biggest challenges currently facing blockchains such as Bitcoin and Ethereum. Nervos said that a number of institutions participated in the transaction, including China Merchants Bank International (CMBI), Polychain Capital, Blockchain Capital, Hashkey Capital, MultiCoin Capital and Distributed Global. (CNBC