Kyle Samani, co-founder and managing partner of MultIcoin Capital, said in a post on October 2 that Multicoin Capital co-led a $28 million round of financing for DoubleZero in March this year. DoubleZero targets the physical network layer under the L1 layer and accelerates the transmission of data packets at the global physical network layer by creating a permissionless market for high-performance network links (aka dedicated fiber). Previously, only the world's largest and most technologically advanced customers (e.g. high-frequency trading companies, Google, Meta) had access to dedicated fiber.
DoubleZero makes the service available to anyone. He also revealed that DoubleZero's first bandwidth provider was Jump Trading, and DoubleZero's first customer was the Solana network itself. Galaxy, Distributed Global Technologies, Rockaway X, Cherry Servers, Latitude, South 3rd Ventures, Teraswitch, and a host of other companies recently announced fiber links for DoubleZero. DoubleZero is integrated into Solana's three main client sides: Agave, Firedancer, and Jito. Jito's block engine is also integrated with DoubleZero.
Multicoin Capital: DoubleZero's first client is Solana, integrated into Solana's three client sides
2025-10-02 15:53:19
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