Express

A16z Is Leading A $25 Million Series A Investment In Optimism

Mary Liu

Summary: Silicon Valley venture capital a16z (Andreessen Horowitz) announced on Wednesday that it is leading a $25 million Series A funding for Optimism, a layer 2 scaling solution built specifically for the Ethereum network.  The company wrote in the post: "One of the most exciting things about what Optimism has built is that it can be ...

Silicon Valley venture capital a16z (Andreessen Horowitz) announced on Wednesday that it is leading a $25 million Series A funding for Optimism, a layer 2 scaling solution built specifically for the Ethereum network. 

The company wrote in the post: "One of the most exciting things about what Optimism has built is that it can be seen in many ways as an extension of Ethereum — from its philosophy down to its tech stack." 

Optimism rolled out its preliminary mainnet in January, and will be ready for large-scale production later this year. 

By Mary Liu

Last Update:

Tags: ,,,
Link: A16z Is Leading A $25 Million Series A Investment In Optimism   [Copy]
Next:

Related Articles

  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 9 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 16 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 20 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 22 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 27 days ago

    • You need to login to comment.