Aligned Layer raises $20 million to develop verification layer for scaling dapps

Aligned Layer raised $20 million in a Series A funding round led by Hack VC, with participation from DAO5, Iterative Layer, Nomad Capital and others.

Aligned Layer, a blockchain project focused on verification of proofs generated by Layer 2 dapps, has raised $20 million in a Series A funding round. The round was led by Hack VC and saw participation from DAO5, Iterative Layer, Nomad Capital, and Finality Capital, among others. The firm didn’t disclose its latest valuation.

It will be one of several actively validated services on restaking protocol EigenLayer. As an ASV, Aligned Layer will derive its security from EigenLayer’s restaking mechanism.

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