On August 8th, L2 project LYNC completed a $1.5 million Pre-Seed round of financing, with participation from Movement Labs, Levitate Labs, Smape Capital, Amesten Capital, Aptos, 8186 Capital, LonghashX, Gabby Dizon of YGG, Rushi Manche and Cooper Scanlon of Movement Labs, and LAI Ho Tin of J17 Capital. The raised funds will be used to enable LYNC to have more mobile users on the chain and to provide personal entrepreneurs, developers, and founders with Rollup technology and an end-to-end mobile stack supported by Movement Labs to build encrypted native mobile applications and games.
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