Token distribution protocol Layer3 completes $15 million Series A financing, total financing amount reaches $21.2 million

According to TechFlow, the token distribution protocol Layer3 has completed a $15 million Series A financing round, with ParaFi and Greenfield Capital co-leading the round, and Electric Capital, Immutable, Lattice, Tioga, LeadBlock, Amber and other companies also participating. The Series A financing brings Layer3's total financing to $21.2 million. Layer3 is also developing a new AI protocol for optimizing token distribution strategies, which is expected to be launched later this year.