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Peter Thiel-Backed Founders Fund Invests in Layer N's Ethereum Scaling Tech

The new Ethereum scaling network Layer N has raised $5 million in a seed funding round led by PayPal co-founder Peter Thiel’s Founders Fund and investment collective dao5. The funding round, announced by Layer N on Wedne...

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Peter Thiel-Backed Founders Fund Invests in Layer N's Ethereum Scaling Tech
The new Ethereum scaling network Layer N has raised $5 million in a seed funding round led by PayPal co-founder Peter Thiel’s Founders Fund and investment collective dao5.
The funding round, announced by Layer N on Wednesday this week, also saw participation from several other notable crypto investment firms, including Kraken Ventures, Mirana Ventures, GSR and Amber Group....
Read More: Peter Thiel-Backed Founders Fund Invests in Layer N's Ethereum Scaling Tech

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This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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