February 21, 2024

Kenzi Wang Announces Strategic Investment in Layer N

Kenzi Wang backs Layer N, a Layer 2 solution set to boost Ethereum with high speed, low cost, and improved scalability, promising a leap in blockchain financial applications.

February 17, 2024

Kenzi Wang, a highly respected crypto investor known for early investments in Polygon, Astar, and Axie Infinity, has disclosed a new strategic bet on Layer N. 

This emerging Layer 2 solution is poised to disrupt blockchain finance with groundbreaking speed, scalability and low costs. 

With backing from major crypto funds like Coinbase Ventures and Pantera Capital, Layer N introduces a revolutionary new architecture for financial applications on Ethereum. 

It offers performance multiple times faster than Solana, sub-50ms latency, and fees under $0.01 per transaction.

“I strongly believe Layer N has immense potential to move the needle for Ethereum and web3,” said Wang. “Its technical capabilities and real-world applicability can overcome major hurdles facing current blockchain platforms.” 

Layer N provides a unified liquidity layer for Ethereum, seamlessly bridging between Layer 2 rollups. Its key features include:

  • Hyperperformance rivaling centralized networks 
  • Shared protocol enabling inter-rollup communication
  • Maximized capital efficiency via instant bridging
  • Extending Ethereum’s security while ensuring smooth L1/L2 bridging

Layer N was founded by Jon Labrie, an experienced technology leader and innovator. His goal is to solve critical issues like poor performance, high costs and inadequate throughput faced by current blockchain platforms.

With its revolutionary technology and strong leadership, Layer N seems poised to make major waves under the guidance of visionary investors like Kenzi Wang.

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