On October 3, Layer, a full-stack decentralized development tool developer, announced the completion of a $6 million seed round of financing. This round of financing was led by 1kx, with participation from Fabric Ventures, Arrington Capital and IOBC, as well as angel investors including Sreeram Kannan of EigenLayer, Rok Kopp and Mike Silagadze of Ether.fi, and former BlackRock employee Paul Taylor.