t1 protocol
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t1 protocol - overview
Established
2024
Location
-, -, -
Primary Industry
Software
About
Established in 2024, t1 protocol operates as a blockchain development company. The company was founded by its CEO, Can Kisagun, and CTO, Orest Tarasiuk. In September 2024, t1 protocol raised USD 2. 5 million in pre-seed funding led by Andreessen Horowitz, Espresso Systems, Frax Finance, CoW DAO, ETHGlobal Inc.
, Enso Finance, Injective Labs Inc. , and Titan Capital. t1 protocol develops infrastructure for blockchains. The company’s product line includes a layer-2 infrastructure designed to address fragmentation issues caused by rollups in the Ethereum blockchain.
The company offers a new paradigm for cross-chain applications. The firm facilitates liquidity-sharing beyond a single chain, reducing acquisition costs for both customers and developers. The company plans to utilize the September 2024 funding raised to enhance Ethereum's scalability by providing rapid finality and supporting real-time proof generation to unify the Ethereum network.
Current Investors
Andreessen Horowitz, Titan Capital, Injective Labs Inc.
Primary Industry
Software
Sub Industries
e-Financial, Internet, Accounting/Finance Software
Verticals
Blockchain, FinTech
Company Stage
Early Stage
Total Amount Raised
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