Ethereum Layer 2 Network LightLink has raised $5.28 million through LBP

Ethereum Layer 2 network LightLink has raised $5.28 million through a Liquidity Bootstrapping Pool (LBP), as reported by Fjord Foundry data. Trading on CEX and DEX will begin at 8:00 AM (UTC time) on April 24th. Deposits are now open. As per RootData, a cryptocurrency data platform, LightLink completed a $1.7 million extended seed round financing in April this year, led by MH Ventures and NxGen. The total amount of LightLink's seed round 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 achieve gasless transactions for users.