Ethereum Layer 2 network LightLink has raised $5.28 million through a liquidity bootstrapping pool (LBP). Trading on CEX and DEX will start at 8:00 am (UTC time) on April 24th. Deposits are now open. Earlier reports stated that on April 4th, LightLink completed a $1.7 million extended seed round of financing, led by MH Ventures and NxGen. LightLink's total seed financing has reached $6.2 million, and the new funds will help the company continue to build a Web3 ecosystem for enterprise partners and improve proprietary technology to enable gas-free transactions for users.
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