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Multichain (Previously Anyswap) Raises A $60M Financing Round Led By Binance Labs

Dec 21, 2021•almost 4 years ago

Amount Raised

$60 Million

OtherSoftware

Description

Multichain (previously Anyswap), the world's leading cross chain protocol, raises a $60 million financing round at $1.2 billion valuation led by Binance Labs, joined by Sequoia China, IDG Capital, Three Arrows Capital, DeFiance Capital, Circle Ventures, Tron Foundation, Hypersphere Ventures, Primitive Ventures, Magic Ventures and HashKey. Besides backing Multichain financially, all the supporters will be jointly involved in the project's development at a deep level to achieve the common vision for web3.

Company Information

Company

Multichain

About

As the trailblazer of decentralized cross-chain service, Multichain provides interconnect infrastructure for 25 mainstream public blockchains including Ethereum, Fantom, Binance Smart Chain, Avalanche, Moonriver, Arbitrum, Polygon and Harmony. Multichain will primarily use the funds to invest in the growth of the team and ecosystem to further the mission of routing the Web3. "Multichain now is the cross-chain infrastructure that connects more public blockchains and crypto assets than anyone else, with lower transaction fees, shorter bridging time and higher security levels. Peter Huo, Investment Director at Binance Labs, added: "Multichain is a key contributor to the multi-chain future for crypto.

Company News

(10 articles)

Thu, 17 Jul 2025 07:00:00 GMT

$956 Billion Asset Manager Hamilton Lane Expands SCOPE Fund Multichain with Securitize and Wormhole - wormhole.com

Thu, 24 Jul 2025 07:00:00 GMT

Building a future for RWAs and multichain DeFi: AMA recap with Algorand - Cointelegraph

Thu, 26 Jun 2025 07:00:00 GMT

Ripple Expands Multichain Interoperability Infrastructure with Wormhole Integration - Ripple

Thu, 10 Jul 2025 07:00:00 GMT

XRP Gains Multi-Chain Access Through Axelar’s Interoperability Boost - CoinCentral

Mon, 19 May 2025 07:00:00 GMT

LINEUP Games Unveils Multi-Platform, Multi-Chain Gaming Ecosystem - Decrypt

Thu, 15 May 2025 07:00:00 GMT

Sonic Labs wins legal ruling to force Multichain Foundation liquidation for fund recovery - Cryptopolitan

Wed, 14 Dec 2022 21:13:58 GMT

Implementing a multichain framework using hyperledger for supply chain transparency in a dynamic partnership: A feasibility study - ScienceDirect.com

Fri, 07 Jul 2023 07:00:00 GMT

More than $125 million taken from crypto platform Multichain - The Record from Recorded Future News

Thu, 08 May 2025 07:00:00 GMT

Introducing the NTT Launchpad: Deploy Multichain Tokens Without Code - wormhole.com

Sat, 26 Jul 2025 07:00:00 GMT

JPMorgan, Wormhole Lead Push for Cross-Chain Tools in Tokenized Asset Management - CCN.com

FundzWatch™ Score

Medium Activity

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