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Multicoin Capital co-founder: DoubleZero's first client is Solana, which has been integrated into the three major Solana clients.
Golden Finance reported that Kyle Samani, co-founder and managing partner of Multicoin Capital, stated in a post on October 2 that Multicoin Capital co-led a $28 million financing round for DoubleZero in March of this year. DoubleZero aims to target the physical Network Layer underneath L1 by creating a permissionless high-performance network link market (also known as dedicated fiber), accelerating the transmission of data packets across the global physical Network Layer. Previously, only the largest and most technologically advanced clients in the world (such as high-frequency trading firms, Google, and Meta) could access dedicated fiber. DoubleZero allows anyone to use this service. It also revealed that DoubleZero's first bandwidth provider is Jump Trading, while DoubleZero's first customer is the Solana network itself. Recently, many companies, including Galaxy, Distributed Global Technologies, Rockaway X, Cherry Servers, Latitude, South 3rd Ventures, Teraswitch, and others, have also announced that they will provide fiber links for DoubleZero. DoubleZero has been integrated into Solana's three major clients: Agave, Firedancer, and Jito. Jito's block engine has also integrated DoubleZero.