Full-chain interoperability protocol Analog completed US$16 million in seed and strategic round financing, led by Tribe Capital

2024-02-13 09:30:02BlockBeatsShare to:

NEAR+3.11% ($3.381)

BlockBeats news, on February 13, according to The Block, the full-chain interoperability protocol Analog completed US$16 million in seed and strategic round financing, led by Tribe Capital, with investment from NGC Ventures, Wintermute, GSR, NEAR, Orange DAO, and Mike Novogratz Alternative asset management companies Samara Asset Group, Balaji Srinivasan and others participated in the investment. Analog co-founder Victor Young said the financing was achieved through the Simple Agreement for Future Tokens (SAFT), adding that the round raised Analog's fully diluted valuation to $120 million. Analog is a blockchain interoperability project that is building cross-chain communication tools for interoperability across multiple blockchain networks. Its core products include Timechain, a blockchain network based on the Rust language; a universal messaging protocol; Analog Watch, a product for developers; and a Timegraph SDK and API suite that allow application builders to compose applications on multiple chains .

NEAR ProtocolIntro

All

NEAR ProtocolMarkets

Price	$3.381 USD	Price Change (24h)	+3.11%	Trading Volume (24h)	$295,239,871.57 USD
Market Cap	$7,588,834,488.63 USD	Circulating Supply	1,068,708,437	Max Supply:	--

Disclaimer: The information provided in this section doesn't represent any investment tips or Bi123.co's official position.

A valuable blockchain information and data platform

Related News

Similar News

MORE+