Ika Secures $21 Million Funding from Sui Foundation, Bringing Scalability and Security to Web3

Ika, a next-generation parallel MPC network enabling near-instantaneous interoperability across blockchain networks, announced today it has secured a strategic investment of over $21 million from the Sui Foundation. This funding follows the massive success of Ika’s recent NFT art campaign on the Sui blockchain, which saw participation from over 1.4 million SUI token holders.