According to PANews on February 28, Optimum announced the completion of its angel round of financing. Investors include Polychain CTO, founder of DeFiance Capital, Bitget CEO, co-founder of Wormhole, co-founder of Polygon, managing partner of Jump Crypto and other well-known Web3 figures.

Optimum was co-founded by Professor Muriel Médard, Dean of the NEC of the Department of Computer Science at MIT, Dr. Kishori Konwar, and Kent Lin, President of the Harvard Blockchain Association. Based on the research results of MIT Random Linear Network Coding (RLNC), it has created the world's first full-chain expansion solution - high-performance memory for the world's computer.

Optimum provides high-performance memory infrastructure for L1/L2 blockchains and node operators, including P2P data communication layer and decentralized memory layer (deRAM), breaking through the blockchain scalability bottleneck and achieving fast data transmission, efficient storage and real-time access. The financing will be used to accelerate product development and bring infrastructure upgrades to the Web3 ecosystem.