
What to know:
- Ah, OneBalance! A new developer platform, like a knight in shining armor, has gallantly raised $20 million in a Series A round to vanquish the dreadful cross-chain UX friction!
- The noble fundraising was led by the valiant cyber•Fund and the wise Blockchain Capital.
OneBalance, that shining beacon of hope in the murky waters of crypto, has indeed raised $20 million in a Series A round, as proclaimed in a press release on this fine Wednesday.
The round was led by the gallant cyber•Fund and the sagacious Blockchain Capital, with the backing of Bybit’s Mirana Ventures and L2IV, as the company so boldly declared.
Founded by the valiant core contributors to Flashbots, the Ethereum-centric research and development startup, OneBalance aims to rid the world of the nefarious impacts of maximal extractable value (MEV), alongside a former engineer from the illustrious Coinbase (COIN).
The OneBalance Toolkit, a magical device for developers, offers one-click access to transfers, swaps, and yield across chains, already supporting native Bitcoin-to-EVM swaps, with the enchanting Solana integration on the horizon!
“Lo and behold! There is a veritable explosion of growth in the stablecoin realm, attracting many a soul to the onchain world, yet they are not crypto natives, and their expectation is to perform one-click operations,” quoth Stephane Gosselin, the CEO and co-founder of OneBalance, in a most enlightening interview.
“Until this moment, there has been no means to craft products that enable such ease,” he added, with a sigh of relief.
Early partners of OneBalance include the illustrious DSX, the whimsical Vooi, the sprightly Spritz, and the noble Nuvolari.
This latest fundraising follows a $5M angel round in 2024, which saw participation from the likes of Consensys, Wintermute, Anagram, Cobie, and other esteemed patrons.
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2025-06-11 20:20