The Ethereum Layer 2 network LightLink has raised $5.28 million through LBP

According to ChainCatcher news, data from Fjord Foundry shows that the Ethereum Layer 2 network LightLink has raised $5.28 million through a liquidity bootstrapping pool (LBP). Trading on CEX and DEX will begin on April 24 at 8 AM (UTC). Deposits are now open.

According to the crypto data platform RootData, LightLink completed a $1.7 million extended seed round financing in April this year, led by MH Ventures and NxGen. The total amount raised in LightLink's seed round financing has reached $6.2 million, and the new funds will help the company continue to build a Web3 ecosystem for enterprise partners and improve proprietary technology to enable users to achieve gasless transactions.