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Assembly announces $100M capital raise, receives praise from Iota co-founder Dominik Schiener -Breaking

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Assembly, a layer-one smart contract network that is decentralized and built in the Iota ecosystem, reported Friday it raised $100 million from private investors including LD Capital (HyperChain Capital) and Huobi Ventures.

According to the project, the funds would be used for the acceleration of the development decentralized finance protocols and nonfungible tokens.