LRTfi application AutoLayer completes $2.5 million seed round financing, with participation from KuCoin Labs and others

ChainCatcher news, the LRTfi application AutoLayer has announced the completion of a $2.5 million seed round financing, with participation from KuCoin Labs, Staked.vc, Morningstar Ventures, BlackEdge Capital, SparkDigitalCapital, Poolz Ventures, Dewhales, and a group of angel investors, though the specific valuation has not been disclosed.

According to the RootData page, AutoLayer, formerly known as Tortle Ninja, is the LRTfi hub on Arbitrum. AutoLayer provides access to various assets, liquidity pools, farms, and vaults/strategies, totaling approximately 800 assets, 400 liquidity pools, 50 farms, and over 100 vaults/strategies. AutoLayer is now focused on optimizing Liquid Retaked tokens (LRT), Liquid Stake tokens (LST), AVS, operators, and incentives.