Boba has raised a total of $45 million in funding through its Series A round in April 2022, led by CRYPTO, Huobi, and Sanctor Capital, valuing the company at $1.5 billion. Founded in 2021 by Alan Chiu and Violet B Abtahi, Boba is a Palo Alto-based decentralized Ethereum network platform focused on reducing gas fees, enabling NFT bridging, and extending smart contract capabilities. With support from major investors like D1 Capital Partners and 10X Capital, Boba continues to enhance blockchain scalability and accelerate adoption of decentralized applications across DeFi and NFT ecosystems.