LBank Labs announced an investment in the crypto startup Rome Protocol.

Deep Tide TechFlow News, Rome Protocol is dedicated to providing shared sequencers and Data Availability (DA) services for Ethereum Layer-2 blockchain by utilizing Solana as an auxiliary network. The protocol aims to optimize the complex transaction processing and big data management of decentralized applications (dApps), making the Ethereum ecosystem more efficient and reliable.

This round of financing also involves well-known angel investors such as Hack VC, P2 Ventures, HashKey, Portal Ventures, Bankless Ventures, etc.

LBank Labs manages assets worth $100 million, dedicated to supporting and assisting the development of Web3 startups, providing them with resource support to help them stand out in the competitive market. Its portfolio includes innovative projects such as Entangle, Puffer Finance, Navi Protocol, Exabits, Hivello, as well as significant investments in risk investment funds such as Collab Currency, SevenX Ventures, IOSG Ventures, Blockchain Builders Fund, etc.