According to Odaily, Ethereum scaling solution T1 Protocol has successfully raised $2.5 million in a pre-seed funding round. The investment was led by a16z Crypto Startup School (CSX), with participation from Espresso, Frax, CowSwap, ETHGlobal, ENSO, INJECTIVE, and angel investors Guy Wuollet, Ali Yahya, and Eric Chen. The T1 Protocol aims to enhance Ethereum's scalability by providing rapid finality and supporting real-time proof generation to unify the Ethereum network.
