Optimum has completed a $11 million seed round financing, led by 1kx.

The Web3 memory layer project Optimum has completed a $11 million seed round financing, led by 1kx, with participation from Robot Ventures, Finality Capital, Spartan, CMT Digital, SNZ, Triton Capital, Big Brain, CMS, Longhash, NGC, Animoca, GSR, Caladan, Reforge, and others. Optimum utilizes Random Linear Network Coding (RLNC) technology to address the issues of blockchain data propagation and storage efficiency, optimizing the decentralized memory layer. It has now launched a private testnet, opened for testing to L1, L2, and node operators.