Onebalance, a new developer platform designed to eliminate cross-chain UX friction, raised $ 20 million in an A series, the company announced a press release on Wednesday.
The Tour was led by Cyber • Fund and Blockchain Capital, with the support of Mirana Ventures and L2IV de Bybit, said the company.
One Balance has been founded by basic flash -up contributors, the start of research and development centered on Ethereum which aims to eliminate the negative impacts of the maximum extractable value (MEV), and an old Coinbase engineer (corner).
The OneBalance Toolbox offers developers an access to transfers, Swaps and performance between the channels, and already supports the native Bitcoin-to-Evm swaps, with the integration of Solana to come, said the company.
“There is so much growth in the world of Stablescoin and that brings a lot of people, but they are not from crypto, and their expectations are to do click operations,” said Stephane Gosselin, CEO and co-founder of Onebalance, in an interview.
“So far, there has been no way to create products that allow this,” he added.
The first Onebalating partners include DSX, Vooi, Spriz and Nuvolari.
The latest fundraising is a round of $ 5 million angel in 2024 which included the participation of consensys, Wintermute, Anagram, Cobie and others.
