Layer N announces strategic investment from BlackPine

Modular L2 protocol Layer N has announced that it has received strategic investment from BlackPine. The team stated that this investment marks Layer N's official entry into the Asian market, with the aim of expanding the availability of native Web3 products in the region. It is reported that Layer N, as a second layer built on Ethereum, focuses on improving transaction throughput and reducing transaction latency to replicate the transaction speed of traditional financial markets on the blockchain.