Cross-chain bridge Relay announces the completion of a $17 million Series B funding round, with Archetype and USV leading the investment.

robot
Abstract generation in progress

ChainCatcher News, according to official sources, the cross-chain bridge aggregator Relay announced the completion of a $17 million Series B funding round, led by Archetype and Union Square Ventures. At the same time, Relay announced the launch of Relay Chain.

It is reported that Relay Chain is an underlying infrastructure designed specifically for cross-chain settlement and exchange. This architecture aims to solve the problem of liquidity fragmentation by enabling per-transaction settlement (not batch processing) at extremely low costs, thereby improving capital efficiency while significantly reducing cross-border transaction delays and costs.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)