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Market News

Rally Founders Launches Crypto Venture Studio SuperLayer

SuperLayer's goal is to commercialize Web 3 products. It has already secured investments from notable investors, including Marc Andreessen.

Written By Darshan Gajjar
Published 2021-10-30·Updated 10 months ago
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Rally Founders Launches Crypto Venture Studio SuperLayer

In Brief: 

  • SuperLayer launched by the founders of Rally, Forte and Kabam.
  • Marc Andreessen, Chris Dixon, Paris Hilton, Nas, Michael Ovitz, Carter Reum, and others invested in the firm.
  • The startup will first invest $25 million in seed funding and will raise additional funds as needed. 

SuperLayer, a Web 3 start-up, was launched by the founders of Rally, Forte, and Kabam. A platform that will enable creators and artists to tap into the global crypto market directly from the platform.

This demonstrates that venture capital is looking for the companies that will build the decentralized internet in the future. 

A product manager will be hired to further develop the business after launching projects in-house. 

In addition to Marc Andreessen, Chris Dixon, Paris Hilton, Nas, Michael Ovitz, Carter Reum, and others, have also funded the SuperLayer. The startup will first invest $25 million in seed funding and will raise additional funds as needed. 

Andreesen Horowitz, Marc Andreessen’s company, has backed a number of major crypto funding rounds. As Cryptotimes reported earlier, a Silicon Valley venture firm led a $250 million Series C investment round in blockchain platform Alchemy.

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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