In 2017, Status raised $100 million through the initial coin offering of its native SNT token. Last year, Linea was launched with support from blockchain development company Consensys, and it is a Layer 2 blockchain based on zkEVM technology. The collaboration between the two has resulted in the Status Network, a Layer 2 network that runs parallel to Linea's zkEVM chain. Cyprien Grau, a core contributor to Status, stated that by launching the Status Network, they aim to build the necessary infrastructure to support a thriving, decentralized ecosystem of applications and services. Additionally, contributors from Status will actively manage Linea's open-source code, maintaining a parallel version.