p0x labs, which develops Manta Network, a privacy-preserving protocol running on the Polkadot blockchain, raised a $25M Series A at a $500M valuation (Rita Liao/TechCrunch)

Rita Liao / TechCrunch:
p0x labs, which develops Manta Network, a privacy-preserving protocol running on the Polkadot blockchain, raised a $25M Series A at a $500M valuation  —  Even amid the crypto winter, some web3 companies are racking up hefty valuations.  P0x Labs, the team behind Manta Network …