Optimism Secures $162 Million in OTC Funding on September 20, 2023
OP
OP
-0.87%
According to media reports, Optimism completed a $162 million OTC funding round on September 20, 2023. Following this transaction, Optimism’s total cumulative funding reached $429.5 million.Optimism is an Ethereum Layer 2 solution utilizing optimistic rollup technology. This approach significantly reduces transaction costs and increases transaction speed while maintaining Ethereum’s security.Examining Optimism’s development history, the project has made notable progress in recent years. Since securing $3.5 million in seed funding in January 2020, Optimism has undergone several funding rounds: a $25 million Series A in February 2021 and a $150 million Series B in March 2022. On the technical front, Optimism launched its public mainnet in December 2021 and introduced the modular OP Stack components in October 2022, demonstrating continuous technological innovation.Notably, in August 2023, Optimism and Base jointly launched a revenue and governance sharing protocol, reflecting active ecosystem expansion efforts. These milestones underscore Optimism’s significant position in the Layer 2 scaling solution market and its ongoing commitment to advancing Ethereum scalability.
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OP fundraising-history
| fundraising-Round | fundraising-amount | fundraising-valuation | fundraising-time | fundraising-investor |
|---|---|---|---|---|
| -- | fundraising-$M | -- | 2023-09-19 | -- |
fundraising-key-milestones
- 2024-03-08Optimism raised $ 89 M in OTC round
- 2023-09-20Optimism raised $ 162 M in OTC round
- 2023-08-25Base and Optimism Jointly Release Revenue Governance Sharing Protocol
- 2022-10-18Optimism launches OP Stack, a modular component
- 2022-05-31OP is live for trading
- 2022-03-17Optimism raised $ 150 M in Series B round
- 2021-12-17Optimism launchs public mainnet
- 2021-12Optimism is live on mainnet
- 2021-02-25Optimism raised $ 25 M in Series A round
- 2020-01-15Optimism raised $ 3.5 M in Seed round
24hour-high
$0.3755
24hour-volume
$1.37M
alltime-high
$4.84
alltime-low
$0.3227
market-cap--f
44.16%
fdv
$1.55B
24hour-low
$0.3493
market-cap
$1.55B
circulating-s
1.89B OP
total-supply
4.29B OP
max-supply
4.29B OP
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positive
| 1H | 24H | 7D | 30D | 1Y |
|---|---|---|---|---|
0.85% | 2.63% | 6.55% | 48.97% | 74.47% |
