AltLayer history (ALT)

2021 – Founded

Jia Yaoqi founded AltLayer in Singapore.

Vision: build Rollups-as-a-Service (RaaS) for Ethereum scaling. �

CB Insights +1

2022 – Early development

Released early whitepaper and started testnet/developer network.

Raised $7.2M seed funding led by Polychain Capital and Jump Crypto. �

AiCoin +1

2023 – Product expansion

Expanded RaaS support to multiple rollup stacks like Arbitrum Orbit, OP Stack, and Polygon CDK.

Launched thousands of temporary “Flash Layers” / rollups. �

AiCoin

2024 – Major growth

Introduced Restaked Rollups using EigenLayer technology.

Launched ALT token (total supply: 10 billion).

Raised $14.4M Series A led by Hack VC and Polychain Capital. �

IQ.wiki +1

2025–2026

Continued focus on:

decentralized sequencing (SQUAD)

fast finality (MACH)

verification (VITAL)

Goal: become a leading modular rollup infrastructure platform. �

CoinMarketCap +1

Simple summary:

AltLayer started as a rollup-building platform, then evolved into a restaked rollup infrastructure project with its own token (ALT).

#AltLayer $ALT

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