Armenian startup LayerSwap receives $2.5 million investment

Armenian startup Layerswap, which provides services for moving cryptocurrency from Coinbase, Binance or FTX to Arbitrum, zkSync, Loopring and other L2s, received a $2.5 million investment. Co-founder Aram Kocharyan wrote about this on his Facebook page.

He also wrote that the company's deals have exceeded $80 million over the past six months. In addition, Layerswap now has more than 20,000 active users and collaborates with a number of major players in the crypto world: Starkware, ImmutableX, Loopring and Argent.

The Layerswap co-founder also noted that the company currently has three openings:

• Lead Front-end engineer
• Senior C# engineer
• Senior UI/UX design engineer

"Since we are a startup and sometimes get into different stressful situations, we need people who will work with us to solve problems and move forward without giving up. If you're up for the challenge, send an email to [email protected]. This is a unique opportunity to participate in creating a competitive product in the international market and to push the boundaries of professional opportunities," Kocharyan wrote.

This is not the first investment the startup founded in 2021 has received. In April, LayerSwap received a $1,500,000 investment from leading cryptocurrency companies (StarkWare, Argent, ImToken, zkSync) and venture capital funds.