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AcrossProtocol

Who is the cheapest cross-chain bridge?

Regardless, users are the ultimate winners in these "cross-chain bridge wars."
2024-06-04
AcrossProtocol
Stargate
cross-chain bridge
ETH
Who is the cheapest cross-chain bridge?

Across Protocol raised $10 million in Success Token funding at a valuation of $200 million, with participation from Hack VC and others

ChainCatcher news, the cross-chain bridge Across Protocol has raised $10 million at a valuation of $200 million, with participation from Hack VC, Placeholder, and Blockchain Capital. The investment was made in the form of these three venture capital firms purchasing 50 million ACX from Risk Labs under the "Success Token" scheme. Each token will mature on June 30, 2025, returning 1 ACX and a call option for 1 ACX priced at $0.50.It is reported that the Success Token is a fundraising solution proposed by the synthetic asset protocol UMA, allowing funds to be raised without providing token discounts. (source link)
2022-11-24
AcrossProtocol
HackVC
Placeholder
BlockchainCapital
investment and financing
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Qiong ICP No. 2021009392
Qiong ICP No. 2021009392
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