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Lightspeed Faction, Hashed, Generative Ventures, and Token Bay Capital led a $15m Series A round in Taiko.

Synopsis

Lightspeed Faction, Hashed, Generative Ventures, and Token Bay Capital led a $15m Series A round in Taiko, an Ethereum Layer 2 scaling solution provider, with participation from Wintermute Ventures, Presto Labs, Flow Traders, Amber Group, OKX Ventures, GSR and WW Ventures. "Amongst an explosion of new Rollups, Taiko stands out due to its passionate community, paired with a based sequencing architecture, which uniquely simplifies the L2 value chain, streamlining trust assumptions and removing friction for developer adoption," Samuel Harrison, Lightspeed Faction Founding Partner.

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