The Cardano blockchain's venture capital arm, EMURGO Ventures, invests in Maestro, a platform for blockchain developers
Maestro's main purpose is to provide an environment for developers to create decentralized applications using the Cardano blockchain technology.
The recent funding is anticipated to encourage the increased use of Cardano by simplifying the process for developers and businesses to create products and services on this platform. Kaimin Hu, venture partner at EMV, views their partnership with Maestro as a step toward enabling more efficient global transactions via decentralized Web3 solutions on Cardano. Meanwhile, Maestro CEO, Marvin Bertin, sees the investment as a strategic partnership that aligns with their shared goal of optimizing the Web3 developer experience and enhancing the Cardano ecosystem.
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