Odaily News Othentic, a project focusing on shared security of distributed systems, announced the completion of a $4 million seed round of financing on the X platform. Finality Capital Partners and Breyer Capital jointly led the investment, and Coinbase Ventures, HashKey Capital, Collider Ventures, BanklessVC, Robot Ventures, Everstake, PUNK DAO and others participated in the investment. According to reports, Othentic is committed to creating novel distributed computing services by providing self-deployed infrastructure to launch systems with underlying shared security, including promoting innovative work on EigenLayer and Babylon. Its Othentic Stack allows AVS developers to self-deploy custom computing services and operator networks that run arbitrary computing tasks in a trustless execution environment. In addition, Othentic introduced a framework for Stateless Rollups to support flexible and secure execution of off-chain computing. Stateless Rollups are computing networks that provide services to other networks or applications without being constrained by any specific blockchain. The framework helps create coprocessors, ZK provers, privacy-preserving computing, decentralized order books, artificial intelligence reasoning networks, vulnerability prevention systems, and other new services.