Shardeum, an Ethereum virtual machine-based sharded blockchain co-founded by Nischal Shetty, a co-founder of the crypto exchange WazirX, raised an $18.2M seed (Brandy Betz/CoinDesk)

Brandy Betz / CoinDesk:
Shardeum, an Ethereum virtual machine-based sharded blockchain co-founded by Nischal Shetty, a co-founder of the crypto exchange WazirX, raised an $18.2M seed  —  The co-founder of WazirX, India's largest crypto exchange, is now trying to expand a network that promises greater scalability, faster transaction times and lower fees.