TechFlow reports that on January 24, Radius, a shared sequencer solution provider, announced the completion of a $7 million seed funding round led by Pantera Capital, with participation from Hashed, Superscrypt, Class Lambda, and Crypto.com Capital.
Radius stated that the new funds will be used to launch its Lighthouse product and expand the rollup ecosystem. The project has already onboarded 35 partners, including Swell Network, Fuse Network, Ternoa, Lift Data AI, and Vessel Finance. It creates independent revenue streams for rollups through MEV opportunities and employs Secure Block Building (SBB) technology to ensure user asset security, eliminating risks of censorship and transaction reordering.
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