Introducing Altius - a modular VM-agnostic, high-performance execution layers compatible with any chains to futureproof blockchain infra.
1/ Weโre thrilled to announce Altius has raised over $11M to futureproof blockchain performance ๐
Led by @FoundersFund and @PanteraCapital, this round includes support from top names like @ArchetypeVC, @reforge, @DCGco,@nolimithodl and @ambergroup_io. Angel investors from leading blockchain projects such as @Berachain, @movementlabsxyz, @ethena, @ritualnet, @daofive, @SolanaFndn as well as @weHRTyou
Read the full story on Bloomberg @crypto https://t.co/HBbANAsVXX
2/ Our mission is simple but ambitious: enhance scalability and interoperability for blockchains at the execution layer, and empower applications and ecosystems to reach their full potential. ๐
3/ The challenge? Today, Blockchains struggle with network congestion, high costs, and limited scalability for opinionated use cases despite creating more generalised blockspace.
Our solution? Altius is building a VM-agnostic modular execution stack that decouples from a single binary implementation and network design, enabling seamless integration with any L1s, L2s, and app chains for instant performance boosts and enhanced interoperability. The architecture aims to achieve Web2 parity for on-chain use cases in a multi-chain future, ensuring onboarded chains are futureproofed for performance.
4/ Backed by some of the top global investors, weโre set to scale globally with prominent partners TBA soon. ๐
5/ Stay tuned for more updates โ connect with us if you want to become a part of the team. Big things are coming! Game on!๐
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