Mudano says a token will be launched alongside ArchVM that will be used by customers to pay for transaction fees on the network
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Exclusive: Bitcoin infrastructure company Arch Labs raises $13 million from Pantera Capital to launch Arch Virtual Machine
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Matt Mudano, CEO of Arch Labs, said that the ArchVM network will launch a transaction‑fee token and that investors will receive tokens under a Simple Agreement for Future Tokens (SAFT), a common crypto funding model, instead of company equity
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