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Optimism saves users $1B in fees, raises $150M in Series B -Breaking

by Mike Robinson

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Popular scaling solution Optimism announced a $150 Million Series B financing round, co-led By Andreessen Horowitz and Paradigm. The total value of the round is $1.65B.

According to a blog PostThe Layer 2 (L2) option from Optimism has helped users save over $1 billion on gas costs. This funding will go to expanding the Optimism Team and assisting in reducing network fees.

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