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).
Stargate, a cross-chain liquidity protocol, tweeted that the TON mainnet has launched Stargate, allowing users to cross the chain to TON from the Stargate front end. Yesterday, LayerZero was deployed to TON.
The cross-chain interoperability protocol Owlto Finance tweeted that it has updated the Maker addresses for EVM and non-EVM networks and that liquidity has been migrated. The update of the Maker address will not affect cross-chain services.
Cross-chain transaction end point Coinhall announced on the X platform that it has been acquired by Solana ecosystem DEX Jupiter. The specific acquisition amount and valuation information have not been disclosed yet. After the acquisition is completed, Coinhall will continue to operate as a Jupiter brand and will support the expansion of the EVM ecosystem. It is reported that Coinhall's previously announced HALL and Hallchain plans may be discontinued in this acquisition transaction, and then wr...