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Metis, Ethereum Layer-2 Network, Creates $100M Fund as Decentralized Sequencer Launch Nears

The distribution of funds is planned for the first quarter of 2024, and supposed to occur a week after Metis' decentralized sequencer will go live.

By Margaux Nijkerk|Edited by Bradley Keoun

Updated Dec 18, 2023, 2:00 p.m. Published Dec 18, 2023, 2:00 p.m.

The proliferation and growth of "rollup" networks on Ethereum, like Metis, have been one of 2023's biggest blockchain trends. (Luigi Pozzoli/Unsplash)