Layer Secures $6 Million Seed Funding Led By 1kx

According to Foresight News, Layer has successfully raised $6 million in a seed funding round led by 1kx. The round also saw participation from Fabric Ventures, Arrington Capital, and IOBC. Notable angel investors included Sreeram Kannan from EigenLayer, Rok Kopp and Mike Silagadze from Ether.fi, and former BlackRock employee Paul Taylor. Layer leverages Web Assembly to enable developers to write applications in languages like Rust that can run anywhere, including on iPhones. The company's upcoming product, 'Layer SDK,' will allow developers to build new layers on top of Ethereum. This will facilitate the creation of full-stack blockchain applications, encompassing smart contracts, consensus mechanisms, user interfaces, and verifiable off-chain services.