Interstate, an Ethereum-based pre-confirmation network, raises $1.5 million in funding.

CoinFeed reported on March 5th that Interstate, an Ethereum-based pre-confirmation network, has completed a $1.5 million funding round. Participants included Marshland Capital, Taisu Ventures, Bloccelerate, Alpen Labs, GD1, MH Ventures, Alchemy Ventures, Legends Group, Waikik Lau, and Sergey Gorbunov. Interstate is a cryptocurrency-focused company dedicated to improving the Ethereum user experience by reducing transaction confirmation times. Their pre-confirmation network allows users to receive transaction confirmations in approximately 100 milliseconds, exceeding the standard 12-second block time of Ethereum.