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Ronin Receives $5–7 Million Grant from Optimism Foundation, Eigen Labs, and Boundless Foundation

The grant, provided in the form of OP, ZKC, and EIGEN tokens, highlights ongoing support for Ronin’s development.

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Summary

Ronin has secured a grant valued between $5 million and $7 million, funded by Optimism Foundation, Eigen Labs, and Boundless Foundation. The grant will be provided in the form of OP, ZKC, and EIGEN tokens, further supporting Ronin’s development and growth within the blockchain ecosystem.

Terms & Concepts
  • Optimism Foundation: A foundation supporting the Optimism Layer 2 solution for Ethereum, aimed at scaling Ethereum’s capabilities through optimistic rollups.
  • Eigen Labs: A company focused on developing technologies that advance blockchain infrastructure, including scalability solutions.
  • Boundless Foundation: An organization that provides funding and resources to support the growth of decentralized networks and blockchain projects.