Skip Raises $6.5 Million Seed Round To Build Mev Solutions

Skip Protocol (“Skip”) today announced that it has raised $6.5 million in seed funding to support its development of an innovative platform to bring the multi-billion dollar market for transaction prioritization, reordering, and bundling (often known as “Miner Extractable Value” or “MEV”) to the Cosmos blockchain ecosystem and other fast-emerging proof-of-stake ecosystems. The round was led by Bain Capital Crypto, with participation from investors including Jump Crypto, Galaxy, Robot Ventures, Lightspeed Faction, IEX Group, Informal Systems, Sommelier Cofounder Zaki Manian, Celestia Chief Operating Officer Nick White, and JUNO Cofounder Jake Hartnell, among others.