OneBalance receives $20 million in Series A funding led by Cyber Fund and Blockchain Capital

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PANews
06-12
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PANews news on June 12th, according to The Block, cross-chain infrastructure company OneBalance announced the completion of a $20 million Series A funding round led by Cyber Fund and Blockchain Capital, with total funding reaching $25 million. The funds will be used to expand the team and enhance the core product Toolkit features, which can simplify users' asset transfer and yield operations across multiple chains without manually handling bridging and gas fees. OneBalance, led by Flashbots co-founder Stephane Gosselin, aims to provide stablecoin users with a seamless "one-click cross-chain" experience.

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