The post Irys Raises $10 Million in Series A Funding Round appeared on BitcoinEthereumNews.com. Key Points: Irys secures $10 million in Series A funding. Funding led by CoinFund, total funding now at $20 million. Focuses on revolutionizing the data economy and enhancing data monetization. Irys, a programmable datachain, successfully raised $10 million in a Series A funding led by CoinFund, elevating its total funding to $20 million. This funding aims to address inefficiencies in the $3 trillion data economy by enabling monetization at the protocol layer, impacting the future of data management. Programmable Data Chains: Innovations and Challenges Ahead The programmable datachain Irys announced an impressive $10 million Series A funding round led by CoinFund, with participation from Hypersphere, Tykhe Ventures, and others. This brings Irys’s total funding to $20 million, fostering scalability in their mission to revolutionize the data economy. Data creators could gain new monetization avenues through Irys’s infrastructure, which intends to transform static data into economic assets. The raised funds are expected to drive the development of smart contract-driven licensing tools, enhancing data asset usage and efficiency. “AI companies scrape trillions of dollars worth of content while creators see nothing… We’re building the infrastructure that finally allows data creators to capture the value they generate, turning data that historically is stored statically, into programmable economic assets.” — Josh Benaron, CEO & Founder, Irys Market Insights and Expert Opinions Did you know? Irys’s funding highlights possibilities for the data economy, reminiscent of early growth patterns seen with blockchain projects like Ocean Protocol. Ethereum (ETH), currently valued at $4,214.62, holds a market cap of $508.74 billion and a market dominance of 13.34%, according to CoinMarketCap. Notably, ETH’s 24-hour trading volume experienced a significant decline of 30.58%, with price adjustments recorded at -2.91% over the past 24 hours. Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 20:35 UTC on August 21, 2025. Source: CoinMarketCap Insights… The post Irys Raises $10 Million in Series A Funding Round appeared on BitcoinEthereumNews.com. Key Points: Irys secures $10 million in Series A funding. Funding led by CoinFund, total funding now at $20 million. Focuses on revolutionizing the data economy and enhancing data monetization. Irys, a programmable datachain, successfully raised $10 million in a Series A funding led by CoinFund, elevating its total funding to $20 million. This funding aims to address inefficiencies in the $3 trillion data economy by enabling monetization at the protocol layer, impacting the future of data management. Programmable Data Chains: Innovations and Challenges Ahead The programmable datachain Irys announced an impressive $10 million Series A funding round led by CoinFund, with participation from Hypersphere, Tykhe Ventures, and others. This brings Irys’s total funding to $20 million, fostering scalability in their mission to revolutionize the data economy. Data creators could gain new monetization avenues through Irys’s infrastructure, which intends to transform static data into economic assets. The raised funds are expected to drive the development of smart contract-driven licensing tools, enhancing data asset usage and efficiency. “AI companies scrape trillions of dollars worth of content while creators see nothing… We’re building the infrastructure that finally allows data creators to capture the value they generate, turning data that historically is stored statically, into programmable economic assets.” — Josh Benaron, CEO & Founder, Irys Market Insights and Expert Opinions Did you know? Irys’s funding highlights possibilities for the data economy, reminiscent of early growth patterns seen with blockchain projects like Ocean Protocol. Ethereum (ETH), currently valued at $4,214.62, holds a market cap of $508.74 billion and a market dominance of 13.34%, according to CoinMarketCap. Notably, ETH’s 24-hour trading volume experienced a significant decline of 30.58%, with price adjustments recorded at -2.91% over the past 24 hours. Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 20:35 UTC on August 21, 2025. Source: CoinMarketCap Insights…