Offchain Labs Launches L2 Arbitrum One With $120M Funding – BeInCrypto

Ethereum scaling solutions provider Offchain Labs has launched its long-awaited Arbitrum One Portal to mainnet following a massive funding round.
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In an announcement on Aug 31, Offchain Labs declared the highly anticipated Ethereum Layer 2 platform live on the public mainnet.

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Offchain Labs launches Arbitrum One mainnet, secures $120M in funding

Offchain Labs, the team behind the highly anticipated Ethereum layer two platform, Arbitrum One, has completed the public mainnet launch of its optimistic rollups solution.
Announced on Aug. 31, Offchain Labs also revealed that it has secured $120 million in a Series B fundraising round.

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