AltLayer Raises $14.4M for Ethereum Scaling

AltLayer Receives $14.4 Million Funding for Ethereum Scalability Solutions

AltLayer, a company focused on enhancing the scalability, security, and decentralization of Ethereum, has secured a noteworthy investment of $14.4 million. The funding will be allocated towards developing innovative rollup technologies to improve the Ethereum ecosystem. Notably, the investment was led by Polychain Capital and Hack VC, showcasing the trust placed in AltLayer’s vision.