3 days ago
OneBalance, a caller developer level designed to destruct cross-chain UX friction, has raised $20 cardinal successful a Series A round, the institution said successful a property merchandise Wednesday.
The circular was led by cyber•Fund and Blockchain Capital, with backing from Bybit’s Mirana Ventures and L2IV, the institution said.
OneBalance was founded by halfway contributors to Flashbots, the Ethereum-centric probe and improvement startup that aims to region the antagonistic impacts of maximal extractable worth (MEV), and a erstwhile Coinbase (COIN) engineer.
The OneBalance Toolkit offers developers one-click entree to transfers, swaps, and output crossed chains, and already supports autochthonal Bitcoin-to-EVM swaps, with Solana integration coming soon, the institution said.
"There is truthful overmuch maturation successful the stablecoin world and that is bringing a batch of radical onchain but they are not crypto native, and their expectation is to bash 1 click operations," said Stephane Gosselin, CEO and co-founder of OneBalance, successful an interview.
"Until present determination hasn't been a mode to physique products that alteration that," helium added.
Early OneBalance partners see DSX, Vooi, Spritz, and Nuvolari.
The latest fundraising follows a $5M angel circular successful 2024 that included information from Consensys, Wintermute, Anagram, Cobie, and others.
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