Espresso Systems raised $28 million in a Series B round led by a16z crypto to build a decentralized marketplace for shared sequencing.

Espresso Systems closed a $28 million Series B funding round led by a16z crypto, bringing its total funds to over $60 million. The funding will be used to further develop a decentralized marketplace for shared sequencing, allowing rollups to auction the rights to build their blocks and enabling interoperability among rollups.