Cross-chain asset agreement Universal completes $9 million financing, led by a16z
2025-02-19 14:31:12
Cross chain asset packaging protocol universal complete a16z lead investmentdesk3cryptocurrencydesktopCrypto News
Universal, a cross-chain asset packaging protocol, completed a $9 million funding round led by a16z. This round of financing will be used to scale the business and strengthen the front-end user experience in addition to continuing to distribute new assets through other DApps. The long-term goal of the Universal team is to make its packaged asset service as popular as WBTC (packaged bitcoin).
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