Will Smith-backed venture capital firm, Paris Hilton invest in blockchain network Boba

FILE PHOTO: Will Smith appears on the red carpet during the Oscars arrivals at the 94th Academy Awards in Hollywood, Los Angeles, California, U.S., March 27, 2022.

(This April 5 story removes reference to investment by venture capital firm M13 in paragraph 1 after the company clarifies)

(Reuters) - Ethereum blockchain scaling platform Boba Network raised $45 million in its series A round, with participation from investors including Will Smith-led Dreamers VC, Paris Hilton and husband Carter Reum and cryptocurrency exchange Crypto.com, the company said on Tuesday.