Compartir este artículo
Ex-Meta Engineer’s Layer-1 Blockchain Linera Raises $6M in New Funding
The layer-1 blockchain’s initial seed funding round was led by a16z crypto and has now raised $12 million in total.
Por Lyllah Ledesma
Linera, a layer-1 blockchain attempting to tackle scalability issues using ‘microchains,’ said it closed a new $6 million funding round led by venture capital fund Borderless Capital.
The firm - founded by a former Meta Novi (Meta’s digital wallet, which will terminate in September) engineer Mathieu Baudet - has now raised a total of $12 million in funding. Linera will be using the new funding for “expanding the team, launching a devnet and a testnet for the protocol and fostering a strategic presence in the APAC region while continuing to grow their developer academy,” the company said in a statement.
STORY CONTINUES BELOW
No te pierdas otra historia.Suscríbete al boletín de Crypto Daybook Americas hoy. Ver todos los boletines
The layer-1 is pioneering the idea of “microchains” within the blockchain, according to the press release. “The competition for blockspace in traditional layer-1 blockchains, coupled with limited production rates and block sizes, creates a bottleneck during traffic peaks, leaving users outpriced or delayed, rendering the infrastructure effectively unavailable,” the press release said.
Linera is battling this issue by adding smaller chains into its network rather than increasing the size or production rate of the blocks. This model allows each user to have its lightweight chains, which integrate into browser extensions and mobile devices for Web3 app interactions within the users’ wallets.
The project is looking to bring similar expansion capabilities of Web2 into Web3 apps by allowing an unlimited number of smaller user chains, said the release.
The investors in the new round include Laser Digital Ventures (Nomura), Flow Traders and Eterna Capital. A16z crypto led the company’s initial seed round last year alongside Tribe Capital.
Read more: A16z Leads $6M Seed Funding Round in Blockchain Linera
Más para ti
Lo que debes saber:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
Más para ti
Coinbase Sees Crypto Recovery Ahead as Liquidity Improves and Fed Rate Cut Odds Climb
The crypto exchange also took note of a so-called AI bubble that continues to go strong and a weaker U.S. dollar.
Lo que debes saber:
- Coinbase Institutional is seeing a potential December recovery in crypto, citing improving liquidity and a shift in macroeconomic conditions that could favor risk assets like bitcoin.
- The firm's optimism is driven by rising odds of Federal Reserve rate cuts, with markets pricing in a 93% chance easing next week, and improving liquidity conditions.
- Several recent institutional developments, including Vanguard's crypto ETF policy reversal and Bank of America's greenlighting of crypto allocations, have contributed to bitcoin's rebound from recent lows.
Top Stories
