EYWA, a Street City, British Virgin Islands-based firm offering a consensus bridge service that secures transactions throughout a number of protocols, raised $7M in Seed funding.
The spherical was led by Curve Finance founder Michael Egorov with participation from Fenbushi Capital, GBV Capital, Large Mind Holdings, Marshland Capital, Mulana Capital and others.
The corporate intends to make use of the funds to increase operations and its improvement efforts.
EYWA secures transactions throughout a number of protocols by using a consensus of bridges current available on the market. Along with Curve, the corporate has created CrossCurve, which connects greater than $2 Billion of liquidity from totally different blockchains right into a unified cross-chain market. It facilitates low-slippage cross-chain swaps of varied asset sorts, supported by Curve’s deep liquidity within the billions of {dollars}. CrossCurve helps the switch of a number of token sorts — from stablecoins to liquidity supplier and liquid staking tokens.
FinSMEs
03/05/2024
