Initia
Initia It is a network for interwoven optimistic rollups; we are rebuilding, holistically, what a multichain system should look like, feel like, and how it should operate.
Overview
Initia It is a network for interwoven optimistic rollups; we are rebuilding, holistically, what a multichain system should look like, feel like, and how it should operate.
- Sector
- # Launchpad
- Ecosystem
- Osmosis
Team
Team information has not been disclosed.
Funding history
4 disclosed rounds- Private
2,500,000 USD
- Series A
14,000,000 USD
- Seed
7,500,000 USD
- Pre-seed
Amount undisclosed
Related news
Market updates
Initia L1 suspended following unauthorized transfers, approximately 605000 USD USDC transferred out via Noble
BlockBeats cited an official announcement from Initia as saying that Initia L1 was suspended following unauthorized transfers from a custodial account, with approximately 605000 USD USDC and approximately 10000 USD in other tokens transferred out.
Initia investigates Rollup infrastructure issues, with the relevant Rollup temporarily paused while L1 remains operational
The Initia team is investigating a Rollup infrastructure issue, and the related Rollup has been temporarily paused; no impact on user funds has been identified so far, and Initia L1 remains operational.
Initia L1 and Rollups resume operations, with some withdrawals still restricted
Initia stated that L1 and Rollups are back online and operating normally, while cross-chain bridges and trading platforms are expected to resume transfers later today.WETH、AUSD0 withdrawals will be delayed by 24 hours, while Noble USDC withdrawals will be subject to hourly limits.
Initia is scheduled to November 2, 2026 resume L1 and Rollups operations
PANews reported that Initia is scheduled to November 2, 2026 resume L1 and Rollups operations, and deploy the audited MoveVM patch and additional security measures. Support for the related assets will be restored, and DEX, cross-chain bridges, and exchange services will restart in phases.
People updates
No related people updates.