Rollup-as-a-Service protocol AltLayer has released an API and SDK suite for programmatically accessing customized Rollup solutions. This suite enables developers to dynamically create, monitor, and terminate Rollups based on application requirements using a range of endpoints. During the Rollup creation process, critical parameters can be specified, including the number of sequencers, Gas settings, virtual machine runtime, custom genesis state, and more. AltLayer also indicates that users can utilize the API to initiate a re-collateralization layer through the Ethereum re-collateralization protocol EigenLayer.
In July of last year, AltLayer completed a $7.2 million seed funding round through SAFT sales, with Polychain Capital, Jump Crypto, and Breyer Capital leading the investment. Other investors included Ethereum co-founder and Polkadot founder Gavin Wood, co-founder of Circle Sean Neville, among others. In August of this year, AltLayer secured an investment from Binance Labs as one of the top-performing projects in the 6th season of the BNB Chain MVB program.