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ETHGas Raises $12M in Seed Round and Launches Ethereum Block Space Futures Market

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Ethereum news: ETHGas has raised $12 million in a seed round led by Polychain Capital, with Stake Capital and BlueYard Capital also participating. The project launched the first Ethereum block space futures market, backed by $800 million in liquidity from validators and builders. The funding used SAFTs and closed last month. ETHGas lets users trade block space ahead of time, helping validators capture MEV and boost earnings. The platform also aims to increase Ethereum ecosystem news by enabling block fragmentation, which could multiply throughput by 100-200 times.
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