SuperLayer was launched in October of 2021 – with a primary focus on funding and supporting brands and companies implementing tokenized economies using the RLY protocol. The studio says it operates differently from a traditional VC firm by co-founding the projects with entrepreneurs and providing them with seed funding to develop the concept internally.
The studio is backed by several big-name investors and builders from a variety of industries including Animoca Brand’s founder Yat Siu, celebrity Paris Hilton and Andreessen Horowitz partner Chris Dixon.
SuperLayer recently announced a new $25 million fund which was led by anchor investor and strategic partner Polygon (the well-known Ethereum scaling solution). The new funding will be used to expand SuperLayer’s operating model and invest in new projects.
Kevin Chou, a managing partner of SuperLayer, stated in a press release: “Given SuperLayer’s focus on speed and quality, Polygon is a natural partner with industry-leading protocols designed to fix blockchain scalability issues that have slowed innovation.”