Ethereum blockchain scaling platform Boba Network has raised $45 million in its series A round, from Will Smith-led Dreamers VC, Paris Hilton and her husband Carter Reum's M13 and cryptocurrency exchange Crypto.com, among others. The funding has pushed Boba's valuation to $1.5 billion. Boba Network's crypto token's market capitalisation rose over 19% to $272.1 million after the announcement.