Ethereum L2 network Kinto migrates to Arbitrum ecosystem

Odaily News Following the launch of the testnet using Optimism’s OP Stack in May, the Ethereum Layer 2 network Kinto has been migrated to the Arbitrum ecosystem through the Arbitrum Nitro technology stack. This migration aims to bridge the gap between traditional finance and decentralized finance, building a KYC-compliant Layer 2 to support modern financial institutions and decentralized protocols. (The Block) Previously, Ethereum Layer 2 project Kinto received US$5 million in financing.