Ethereum L2 scaling startup Optimism raises a $150M Series B led by Andreessen Horowitz and Paradigm at a $1.65B valuation (Lucas Matney/TechCrunch)

Lucas Matney / TechCrunch:

Ethereum L2 scaling startup Optimism raises a $150M Series B led by Andreessen Horowitz and Paradigm at a $1.65B valuation— Throughout the most recent crypto bull run, plenty of new crypto users have interacted with the Ethereum network for the first time and have been surprised to find sluggish, expensive transactions.