Decentralized messaging protocol developer Ephemera has completed a $20 million Series B funding round, led by USV, a16z crypto, and Lightspeed Faction

according to The Block, decentralized messaging protocol XMTP developer Ephemera has completed a $20 million Series B funding round aimed at building and expanding its ecosystem.

This round of financing was co-led by Union Square Ventures, a16z crypto, and Lightspeed Faction, with participation from Coinbase Ventures, Offline Ventures, Sound Ventures (founded by Ashton Kutcher and Guy Oseary), and Distributed Global.