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Fortune
Fortune
Catherine McGrath

Exclusive: Unto Labs raises $14.4 million from Framework Ventures and Electric Capital

(Credit: Courtesy of Unto Labs)

Liam Heeger was a core engineer for two years at Ethereum and Solana, use virtual machines, computer systems that are used to automate trading activity with digital agreements known as smart contracts. Heeger says these virtual machines limit innovation in the crypto space because they are incompatible with certain hardware and alienate non-crypto native developers.

“Crypto-specific tools, bespoke crypto VMs, and domain‑specific programming languages pigeon‑hole blockchain development and prevent mainstream industry adoption,” the company said in a statement.

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