Layer3 XYZ, Inc.
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Layer3 XYZ, Inc. - overview
Established
2021
Location
Saint Peters, MO, US
Primary Industry
Software
About
Founded in 2021 and based in Missouri, US, Layer3 XYZ Inc. operates as a blockchain-cryptocurrency platform that provides tools for decentralized autonomous organizations. Dariya Khojasteh (CEO) and Brandon Kumar are the co-founders of the company. In June 2024, Layer3 XYZ, Inc.
raised USD 15 million in Series A funding co-led by Greenfield Capital and ParaFi Capital, including King River Capital, Immutable Ventures, Tioga Capital, LeadBlock Partners, Amber Capital, Stateless Ventures, GD1, Electric Capital, and Lattice Capital. The series A funding values Layer3 at USD 73. 82 million post-money. The company offers a platform designed to unify user identity and incentives across multiple blockchain ecosystems.
Layer3 provides a modular infrastructure that supports interaction between various chains. The firm’s platform features credential systems, allowing users to access and earn rewards from diverse networks with a single identity. The company also offers a rewards program and incentives, which help users gain exposure to new communities and access multichain liquidity. The firm’s system supports ecosystem expansion by integrating new chains and programs, enhancing network growth and user engagement.
The organization plans to use the June 2024 funding to accelerate its growth.
Current Investors
Electric Capital, Red Beard Ventures, 6th Man Ventures
Primary Industry
Software
Sub Industries
Accounting/Finance Software
Website
www.layer3.xyz/
Verticals
Blockchain, FinTech
Company Stage
Series A
Total Amount Raised
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