Crypto unicorn Optimism received an additional $150 million

The Optimism team, which is developing a layer 2 solution for the Ethereum blockchain, has raised another $150 million in Series B. The companies participating in this funding round estimated that the project was valued at $1.65 billion.

The main investors this time were a16z and Paradigm. Interest in this project is easy to explain. The company has a working product that, in a year of mainnet existence, allowed users of this add-on on the Ethereum blockchain to save $1 billion in cheap fees.

Due to its popularity in the L2Beat TOP, this zoom level 2 solution ranks fourth. The total amount of funds blocked in it (TVL) is $440 million.



The first among these projects is Arbitrum, then Dydx, and in third place is Metis Andromeda. 1, 3 and 4 TOP projects use the same scaling technology - Optimistic Rollups.

Recall that in Serie A, the Optimism team managed to raise $25 million. The fundraising took place in February last year. The round was also led by a16z.

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