Ethereum Layer 2 Network T1 Protocol Completes Pre-Seed Round of Financing, with A16Z and Others Participating

According to BlockBeats, on September 16, CoinDesk reported that T1 Protocol, a Layer 2 blockchain protocol designed to solve the challenges of Ethereum rollup fragmentation and composability, completed its Pre-Seed round of financing. a16z Crypto, BreedVC, Benedikt Bünz, Sam Kazemian, Amir Bandeali, Eric Chan, Kartik Talwar, Kubi Mensah, Meltem Demirors and others participated in the investment. The specific amount of financing has not been disclosed yet.

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