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Rollup project LYNC completes $1.5 million Pre-Seed round of financing, with Movement Labs, Aptos and others participating

2024-08-08 04:04
Odaily News LYNC, a Rollup project focusing on mobile business, has completed a $1.5 million Pre-Seed round of financing, with participation from Movement Labs, Levitate Labs, Smape Capital, Amesten Capital, Aptos, 8186 Capital, LonghashX, and angel investors such as Gabby Dizon of YGG, Rushi Manche and Cooper Scanlon of Movement Labs, and LAI Ho Tin of J17 Capital. The new funds will be used to enable LYNC to have more mobile users on the chain, and provide individual entrepreneurs, developers, and founders with Rollup technology and end-to-end mobile stacks supported by Movement Labs to build crypto-native mobile applications and games. LYNC has been active in the Movement ecosystem, supporting more than 400 projects and generating more than 5 million transactions in the last quarter. (Decrypt)