The DoubleZero Protocol, a blockchain infrastructure network, announced a validator funding round to sell token-purchase agreements for its native token to prospective validators. Applications will be accepted from April 2-10 via the CoinList platform, marking the first public token sale in the US since 2019, available only to accredited investors. Eligible applicants are validators currently supporting high-throughput networks like Solana, Celestia, Sui, Aptos, and Avalanche. Interested parties must submit bids declaring a per-unit token price and maximum budgets for aggregation to determine the final sale price. Austin Federa, former Strategy lead at the Solana Foundation, emphasized the significance of this opportunity for validators ensuring high-performance blockchains, aiming to revolutionize the physical infrastructure layer for distributed systems. This funding round follows a successful $28 million fundraising round in March, led by Multicoin Capital and Dragonfly Capital, as the protocol targets a mainnet launch in the second half of 2025.

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