According to BlockBeats, the Linea Ecosystem Investment Alliance (LEIA), composed of over 50 venture capital firms, has completed its first round of investments in seven projects. The invested projects include Agora, a payment and asset infrastructure, CARV, a modular data layer for gaming and AI, Entangle, a cross-chain DeFi protocol, MYX, a decentralized perpetual contract trading platform, Tomo, a Web3 SocialFi wallet, ZeroLend, a lending market, and Inverter, a modular protocol stack.
The LEIA's investment in these projects signifies its commitment to fostering innovation and growth within the Linea ecosystem. The diverse range of projects, from payment infrastructures to gaming and AI, indicates the alliance's broad investment strategy. This strategy aims to support a variety of sectors within the blockchain and cryptocurrency industry, thereby promoting the overall development of the Linea ecosystem.
The completion of this initial investment round marks a significant milestone for the LEIA. It demonstrates the alliance's ability to identify and invest in promising projects that have the potential to contribute significantly to the Linea ecosystem. Moving forward, the LEIA is expected to continue its investment activities, further supporting the growth and development of the Linea ecosystem.