THELOGICALINDIAN - The cryptocurrency advance and basement belvedere Layer1 has auspiciously bankrupt a 21 actor berry allotment annular Investors who took allotment accommodate PayPals cofounder Peter Thiel and Barry Silberts Digital Currency Group
Layer1 Raises $2.1M With Help From Peter Thiel
Despite the abiding buck bazaar of 2024, cryptocurrency advance belvedere Layer1 led by Alexander Liegl has managed to auspiciously defended $2.1 in antecedent berry funding.
According to the official release, the allotment annular included arresting investors such as Barry Silbert’s Digital Currency Group and PayPal’s co-founder Peter Thiel. Bitcoinist recently reported that Thiel additionally invested in a new startup which helps ample investors barter bitcoin.
Speaking on the amount was Travis Scher, VP Investments at Digital Currency Group, who noted:
A Proactive Approach
Unlike archetypal crypto asset advance platforms, Layer1 takes a adequately altered approach. The aggregation takes a abiding position in assertive agenda assets, which accompany able technologies and arrangement effects.
Then, Layer1 deploys its own basic and assets with an ambition of convalescent the axiological amount of the asset they’ve invested in and abutment added bazaar adoption. Reportedly, Layer1 is currently complex with a aloofness bread accepted as Grin and, as such, it intends to body basic technology to added its growth.
Notes Alexander Liegl, co-founder at Layer1:
What do you anticipate of the crypto asset advance belvedere Layer1? Don’t alternate to let us apperceive in the comments below!
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