Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

What’s Next for the World Computer?

01/08/2025

South Korea Crypto ETF Faces Stricter Exposure Limits

01/08/2025

Can BTC Keep It Up?

01/08/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Can BTC Keep It Up?

    01/08/2025

    Bitcoin Market Top Is ‘Nowhere Near,’ Say Analysts as Price Pauses at $120K

    01/08/2025

    Renowned Analyst Katie Stockton Announces New Bitcoin Price Target

    01/08/2025

    Bitcoin Blasts Past $122K to Fresh ATH But Can the Momentum Hold?

    01/08/2025

    What’s Next for the World Computer?

    01/08/2025

    Ethereum at 10 and what’s next

    01/08/2025

    More Gains for Ethereum? And Can Tornado Cash Dev Roman Storm Avoid Prison?

    01/08/2025

    10 reflections on Ethereum’s 10th anniversary

    01/08/2025

    The Sui Ecosystem’s Top 3 Altcoin Performers

    29/07/2025

    Floki Launches $69000 Guerrilla Marketing Challenge With FlokiUltras3

    28/07/2025

    Crypto Beast denies role in Altcoin (ALT) crash rug pull, blames snipers

    28/07/2025

    $1.6 Billion XRP Surge: Here’s What’s Unfolding

    28/07/2025

    Labubus have succeeded in every way that NFTs have failed

    01/08/2025

    CryptoPunks Floor Price Hits 3-Year High of $208,000

    31/07/2025

    NFT sales surge to $574 million in July, second-highest in 2025

    31/07/2025

    Crypto Scammer Gets Prison Time for Swiping NFTs, Coins via Hacked X Accounts

    31/07/2025

    What’s Next for the World Computer?

    01/08/2025

    South Korea Crypto ETF Faces Stricter Exposure Limits

    01/08/2025

    Can BTC Keep It Up?

    01/08/2025

    Ethereum at 10 and what’s next

    01/08/2025
  • Blockchain

    IONOS’ InternetX plans to tokenize 22M domains through Doma Protocol

    01/08/2025

    The Protocol of Agents: Web3’s MCP Potential

    01/08/2025

    EToro Plans to Tokenize U.S. Stocks on Ethereum in Blockchain Push

    01/08/2025

    Circle Wallet’s Strategic Leap for Web3 Developers

    01/08/2025

    Pyth Network brings Hong Kong stock prices onchain for global access

    01/08/2025
  • DeFi

    Harbour Industrial Capital Invests $1.2 M into Four High-Growth Polkadot Ecosystem Projects

    01/08/2025

    Ripple Hiring Executive to Spearhead Institutional DeFi Strategy

    01/08/2025

    Clearpool Expands to Payments Financing, Debuts Stablecoin Yield Token

    01/08/2025

    Phenomenal $8 Billion Surge Redefines DeFi Stability

    01/08/2025

    Ceffu Connects Binance Liquidity to Orderly to Unlock CeFi-DeFi Union

    01/08/2025
  • Metaverse

    Where Has the Metaverse Gone? Examining a Failed (and Costly) Trend

    01/08/2025

    From Metaverse to Machine Learning, Inside Meta’s $72 Billion AI Gamble

    31/07/2025

    AntVerse Integrates Terminus to Transform AI-Powered Metaverse with Web3 Payments

    25/07/2025

    The Sandbox Launches Largest LAND Auction Using GBM Protocol

    21/07/2025

    Elon Musk’s xAI Quietly Fixed Grok by Deleting a Line of Code

    09/07/2025
  • Regulation

    South Korea Crypto ETF Faces Stricter Exposure Limits

    01/08/2025

    Is Citigroup eyeing stablecoin issuance? Here’s what we know

    01/08/2025

    Ripple’s National Trust Bank Charter Could Get Fast-Tracked—If the Fed Wants It, Says Analyst

    01/08/2025

    Coinbase, Strategy named as South Korea warns against crypto-heavy ETF portfolios

    01/08/2025

    Ripple CTO Takes Aim at Bank Lobby Amid License Backlash

    01/08/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Sui DEX Momentum Teases Expansion Plans After Hitting $100 Million in Daily Volume

    31/07/2025

    $500,000,000 USDC Stun World’s Largest Crypto Exchange Amid Hourly Bloodbath

    31/07/2025

    Bithumb Temporarily Halts Celestia (TIA) Transactions!

    31/07/2025

    Coinbase in advanced talks to acquire India’s largest crypto exchange CoinDCX

    31/07/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    The Squid Fighter game is taking Telegram by storm — join the fight and claim your NFT before it’s too late!

    01/08/2025

    This Game Lets You Relive the Ethereum Story Through Vitalik Buterin’s Eyes

    31/07/2025

    PEPE GAMES Integrates with GaFin to Power the Meme Gaming Hub

    30/07/2025

    A Pressure Group Forced Steam to Remove Adult Games. It’s Coming After Crypto Next

    30/07/2025

    Bitcoin mining faces surging power demands and record-low fees

    01/08/2025

    Auradine Shipped $73M Worth of Bitcoin Miners to MARA in H1 2025

    31/07/2025

    London Bitcoin Company Surpasses 1,000 Miners in North America

    31/07/2025

    Bitcoin Miner MARA Is Missing Out on AI Boom: Compass Point

    31/07/2025

    COINS Act 2025 Offers a ‘Rights-First’ Roadmap

    31/07/2025

    GENIUS Act to spark wave of ‘killer apps’ and new payment services: Sygnum

    31/07/2025

    Bitcoin Scandal Erupts in China – Chinese State Newspaper Reports

    31/07/2025

    No Ruling Yet as Standard Approval Process Slows Progress

    31/07/2025

    What’s Next for the World Computer?

    01/08/2025

    South Korea Crypto ETF Faces Stricter Exposure Limits

    01/08/2025

    Can BTC Keep It Up?

    01/08/2025

    Ethereum at 10 and what’s next

    01/08/2025
  • MarketCap
NBTC News
Home»Regulation»Peter Thiel-Backed Ethereum Layer 2 Launches Liquidity Program
Regulation

Peter Thiel-Backed Ethereum Layer 2 Launches Liquidity Program

NBTCBy NBTC20/04/2024No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


Layer N, an Ethereum Layer 2 network backed by Peter Thiel’s Founders Fund, has launched a new liquidity program for apps built on its StateNet architecture.

Layer N first came out of stealth in September 2023, when it announced it had closed a $5 million funding round backed by the Founders Fund. Now Layer N says its new liquidity program marks a milestone in efforts to introduce sustainable and robust liquidity into the DeFi space, targeting protocols at their nascent stages to aid in their market entry.

Digital finance firm Amber Group will be the first participant in this groundbreaking program, contributing a significant $20 million to empower partners within the Layer N ecosystem. This collaboration underscores the program’s intent to furnish developers with the necessary tools and funds to innovate and rival traditional financial institutions.

Dima Romanov, CEO and Co-Founder of Layer N, hailed the launch as a pivotal moment for the company and the broader DeFi landscape.

“By providing seamless access to liquidity and equipping developers with essential resources, we are setting the stage for a new era of innovation and growth in the DeFi sector,” he said in a press release.

Steven Shi, Investment Partner at Amber Group, said he regards Layer N as the premier architecture for DeFi applications because it is “merging top-tier crypto infrastructure with high-performance capabilities without compromising Ethereum’s security or fragmenting liquidity.”

He emphasized Amber Group’s commitment to supporting Layer N in fostering liquidity and expanding the ecosystem.

Thiel’s Founders Fund has had a busy 2024. The fund participated in a $280 million Series D round for Neuralink, an Elon Musk-backed startup that’s focused on brain hacking.

“Excited to support Neuralink’s next chapter of helping human patients in need,” Scott Nolan, partner at Founders Fund, subsequently posted to Twitter at the time. “The team has been working for seven years to make this possible, pulling off technical breakthroughs that feel like science fiction.”

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

South Korea Crypto ETF Faces Stricter Exposure Limits

01/08/2025

Is Citigroup eyeing stablecoin issuance? Here’s what we know

01/08/2025

Ripple’s National Trust Bank Charter Could Get Fast-Tracked—If the Fed Wants It, Says Analyst

01/08/2025

Coinbase, Strategy named as South Korea warns against crypto-heavy ETF portfolios

01/08/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

What’s Next for the World Computer?

01/08/2025

South Korea Crypto ETF Faces Stricter Exposure Limits

01/08/2025

Can BTC Keep It Up?

01/08/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.