Token distribution protocol Layer3 completes $15 million Series A financing, led by ParaFi and Greenfield Capital.

ChainCatcher news, according to The Block, the token distribution protocol Layer3 has completed a $15 million Series A funding round, co-led by ParaFi and Greenfield Capital, with participation from Electric Capital, Immutable, Lattice, Tioga, LeadBlock, Amber, and others.

It is reported that Layer3 is also developing a new AI protocol to optimize token distribution strategies, which is expected to be launched later this year.