PANews reported on May 12 that the Layer0 blockchain infrastructure platform Openverse Network recently announced the completion of a strategic financing of US$11 million, with investors including Castrum Capital, TB Ventures, DuckDAO and Asva Capital. This round of financing will accelerate its core protocol development and mainnet upgrades, supporting cross-chain communication, unified identity, timestamp and naming services and other functions. The Openverse mainnet TPS exceeds 300,000, supports multiple token standards such as VRC10/11/12, and is committed to building a programmable, efficient and secure global value Internet.