On August 8th, L2 project LYNC completed a $1.50 million Pre-Seed round of financing, with participation from Movement Labs, Levitate Labs, Smape Capital, Amesten Capital, Aptos, 8186 Capital, LonghashX, Gabby Dizon of YGG, Rushi Manche and Cooper Scanlon of Movement Labs, and LAI Ho Tin of J17 Capital. The funds raised will be used to enable LYNC to have more mobile phone users on the chain and provide individual entrepreneurs, developers and founders with Rollup technology and end-to-end mobile stack powered by Movement Labs to build crypto-native mobile applications and games.