Blockchain startup Predicate announced the completion of $7 million financing, 1kx and other participation

Predicate, a blockchain startup founded by two former employees of blockchain project Celo to help cryptocurrency companies better comply with regulatory requirements, has announced a $7 million round of funding from top venture capitalists such as Tribe and 1kx.
The company's solution will be available on Ethereum and EVM-compatible chains, with plans to expand to other blockchains in the future. Predicate is also working with EigenLayer, a recently completed token offering network, to develop a community of operators deploying Predicate technology using a proof-of-stake system.