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Ethereum scaling solution t1 protocol completes a $2.50 million Pre-seed funding round, with a16z CSX leading the investment.

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TechFlow
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Sep 10, 2024

News from TechFlow on September 10th, according to official sources, Ethereum's scaling solution t1 protocol announced the completion of a $2.50 million Pre-seed funding round. This round was led by a16z CSX, with participation from Espresso, Frax, Cow Swap, $ETH Global, ENSO, INJECTIVE, TITAN, and other institutions. Individual investors such as Guy Wuollet, Ali Yahya, and Eric Chen also participated. At the same time, t1 protocol has become a member of a16z Crypto Startup School (CSX). According to RootData, t1 protocol is a fast finality scaling solution for Ethereum, supporting real-time proof generation for Ethereum unification.

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