Strategic investments are reshaping the blockchain landscape. On October 3, COINOTAG news cited a successful $6 million seed round for Layer, a trailblazing tech firm revolutionizing blockchain application development. This substantial funding was spearheaded by 1kx, with significant backing from Fabric Ventures, Arrington Capital, and IOBC. Prominent angel investors such as Sreeram Kannan from EigenLayer, Rok Kopp, and Mike Silagadze from Ether.fi, alongside former BlackRock figure Paul Taylor, have enriched the investment mix. Layer leverages the power of Web Assembly to empower developers with versatile application development across diverse platforms, including iOS. Their innovative Layer SDK is a game-changer, enabling seamless Ethereum integration for creating comprehensive blockchain solutions. With capabilities ranging from smart contracts and advanced consensus mechanisms to sophisticated user interfaces and dependable off-chain services, Layer is demonstrating a commitment to pioneering full-stack blockchain ecosystems.
Source: https://en.coinotag.com/breakingnews/layer-secures-6-million-seed-funding-to-expand-ethereum-layer-capabilities-with-new-sdk/