Top 7 potential crypto projects recently invested in by Linea

1. What is Linea?

Linea is a Layer 2 blockchain project on Ethereum, renamed from ConsysSys zkEVM.

As of the time of writing, Linea's TVL is currently 726.04, ranking 11th among chains, behind Avalanche. In the next section, let's find out what the 7 projects Linea has recently invested in are.

2. 7 projects recently invested by Linea

2.1. Agora Finance

2.1.1. Project idea

Agora Finance is a startup project focusing on dollar stablecoins.

2.1.2. Team

2.1.3. Investors

Besides Linea, Agora Finance is invested by well-known funds in the industry such as Wintermute, Dragonfly, Hack, Consensys...

The project's mission is to reduce barriers to accessing, transferring and using the world's most widely recognized currency. Overall, Agora is still in development and doesn't have too much information yet. Theblock101 will update about the project in the near future when more information is available.

2.1.4. Project information

X: https://x.com/AgoraDollar
Website: https://www.agora.finance/

2.2. Carv

2.2.1. Project idea

Carv Protocol is a user-centric SocialFi platform. At this platform, users can aggregate, control and monetize identity and personal data, while projects can access data sources relevant to their target audience, export broadcast from legitimate third parties while still ensuring privacy. This helps users truly master their data.

2.2.2. Team

Updating...

2.2.3. Investors

As of the time of writing, Carv has raised a total of $14M from funds such as Hashkey Capital, Consensys, OKX Ventures, Animoca Brands, Linea,...

2.2.4. Project information

X: https://x.com/carv_official
Website: https://carv.io/

2.3. Entangle

2.3.1. Project idea

Entangle is a custom messaging infrastructure project that provides secure data storage and liquidity optimization for various blockchain ecosystems. Besides, Entangle also supports developers to create unique cross-chain applications with secure data sources, ensuring liquidity for those applications.

2.3.2. Team

Updating

2.3.3. Investors

Entangle has raised $4M from Big Brain Holdings, LBank Labs,... In the two most recent capital calls, Linea and Consensys have also invested in the project, but did not disclose the specific amount. have invested.

2.3.4. Project information

X: https://x.com/Entanglefi
Website: https://entangle.fi/

2.4. MYX Finance

2.4.1. Project idea

MYX Finance is a decentralized exchange with a Matching Pool Mechanism (MPM) mechanism that gives users an on-chain derivatives trading experience with diverse derivatives including: options contracts, contracts eternal future.

2.4.2. Team

Updating...

2.4.3. Investors

MYX Finance has raised $5M from large VCs such as Consensys, Hack VC, OKX Ventures,... and most recently Linea, however, the amount raised from Linea has not been disclosed.

2.4.4. Project information

X: https://x.com/MYX_Finance
Website: https://myx.finance/

2.5. ZeroLend

2.5.1. Project idea

ZeroLend is the top Lending project on the zkSync ecosystem. Additionally, the platform has been integrated on Blast, Linea, Ethereum, Manta and X Layer.

2.5.2. Team

Updating

2.5.3. Investors

Besides Linea, previously, ZeroLend raised $3M from Momentum, Cypher Capital, GenBlock Capital,...

2.5.4. Project information

X: https://x.com/zerolendxyz
Website: https://zerolend.xyz/

2.6. Tomo

2.6.1. Project idea

Tomo is a Web3 SocialFi wallet development project supported by Polychain. Tomo is designed to promote widespread cryptocurrency adoption; allows users to easily log in with social media accounts and supports multiple blockchains, with special emphasis on bringing Bitcoin to the Ethereum L2, Solana and Cosmos ecosystems.

Users can manage assets, send cryptocurrency to each other, chat, post content, make friends, and participate in token-based interest groups through Tomo. In addition, each person can also deposit fiat money with a credit card, trade crypto assets, create Tomojis and many other features on this wallet platform.

2.6.2. Team

Updating...

2.6.3. Investors

Tomo is backed by Polychain and has the participation of funds such as Consensys, Linea, Cooperative Ventures, Symbolic Capital,...

2.6.4. Project information

X: https://x.com/tomo_social
Website: https://tomo.inc/

2.7. Inverter Protocol

2.7.1. Project idea

Inverter Protocol is a decentralized coordination protocol that enables programmatic issuance and asset flow between parties. This protocol is designed to support any project or use case that requires the establishment of a token economy and defines the exchange of resources between participating entities, while ensuring openness , adaptability and ease of use. The project is still in development and has not yet released specific applications.

2.7.2. Team

Updating...

2.7.3. Investors

Inverter Protocol has received funding from Linea, however the amount of money the project has raised has not yet been disclosed.

2.7.4. Project information

X: https://x.com/inverternetwork
Website: https://www.inverter.network/

3. Conclusion

Above is an overview article about 7 projects recently funded by Linea . Hope you have received useful information. If you have any questions, please leave them in the BigcoinVietnam group for answers.

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