Binance Labs led the Multichain (formerly Anyswap) cross-chain funding round, which raised $ 60 million in investment.
– Multichain (Previously Anyswap) (@AnyswapNetwork) December 21, 2021
Sequoia China, IDG Capital, Three Arrows Capital, DeFiance Capital, Circle Ventures, Tron Foundation, Hypersphere Ventures, Primitive Ventures, Magic Ventures, and HashKey also participated in the round. Investors have estimated the project at $ 1.2 billion.
Multichain provides infrastructure solutions for 25 popular blockchain ecosystems including Ethereum, Fantom, Binance Smart Chain, Avalanche, Moonriver, Arbitrum, Polygon, and Harmony.
Total value of funds blocked in the protocol (TVL) approaching $ 5 billion… The number of Multichain users has reached 300,000.
“As part of our roadmap to improve Web3, Multichain is integrating cross-chain bridge for NFT and our new anyCall solution for arbitrary cross-chain contracts,” says in the project blog…
Multichain will also strengthen its integration with the Binance Smart Chain (BSC) ecosystem, in which it will position itself as one of the recommended cross-chain bridges.
It also became known that Binance Labs has invested in the BinaryX project… The latter develops GameFiis a CyberDragon product for the BSC ecosystem, including elements of the metaverse, DeFi and NFT.
CyberDragon provides a system of two assets: the BNX management token and the GOLD game currency.
Recall that in November, Binance Labs invested in the Star Sharks project as part of the development of the gaming sector in the Binance Smart Chain ecosystem.
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