LightLink is a remote Ethereum Layer 2 focused on enabling gasless transactions and a streamlined user experience to drive mass adoption of Web3. The company offers an enterprise mode that lets businesses operate gas-free so their users can transact without fees or tokens. LightLink has integrated Celestia as a Data Availability layer and expanded its proprietary stack. It became the first Optimium L2 to be listed on L2Beat. The company is preparing for a token distribution via a Liquidity Bootstrapping Pool on Fjord Foundry. LightLink plans to leverage more than 25 strategic partnerships, including Animoca Brands. Led by CEO Roy Hui, the firm intends to use recent funding to expand its development efforts. LightLink operates an L2 project focused on serving decentralized finance, metaverse, NFT and game applications. The company builds infrastructure and tools tailored to those Web3 use cases. The article positions LightLink as a specialized operator for projects in those verticals rather than a consumer-facing product. No operating metrics or revenue figures were disclosed in the report. The announcement centers on the company’s product focus and recent seed financing.

Total raised

$11M

Funding rounds

2

Latest round

Seed

Latest activity

Apr 2024