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Optimum Raises $11M Funding to Build “Missed” Memory Layer for Blockchains

CoinGape LogoCoinGape4d ago

Optimum Raises $11M Funding to Build “Missed” Memory Layer for Blockchains - CoinGape

Quick Summary:

Optimum Funding:- In a major stride toward addressing blockchain scalability and state access challenges, Optimum, a Web3 infrastructure startup, has raised $11 million in a funding round led by prominent crypto investors.

The company is building a "memory layer” that aims to enable instant and permissionless access to historical on-chain data across all major blockchains.

Blockchains, by design, are optimized for consensus and verification, not for storing or querying massive amounts of historical data.

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Optimum Raises $11M Funding to Build “Missed” Memory Layer for Blockchains - CoinGape (Picture 1)

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Article Details

Author / Journalist: Sneha Agrawal

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-16 @ 18:35:41 (4 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 437 words

Reading Time: 3 minutes read

Sentences: 48 lines

Sentence Length: 10 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 27954580

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About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 8 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 10 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

Publisher Details

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The story "Optimum Raises $11M Funding to Build “Missed” Memory Layer for Blockchains" has 437 words across 48 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story "Optimum Raises $11M Funding to Build “Missed” Memory Layer for Blockchains" was covered 4 days ago by CoinGape, a news publisher based in India.

How trustworthy is 'CoinGape' news outlet?

CoinGape is a fully independent (privately-owned) news outlet established in 2017 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 8 news stories per day.

It's most recent story was published 10 hours ago.

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  • News ID: #27954580
  • URL: https://citrocola.beamstart.com/news/optimum-raises-11m-funding-to-17448293259975

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