The ONEBALANCE Interfers infrastructure development firm has raised 20 million dollars in series A finance, which to date has total funding to 25 million dollars.
Cyber Fund and Blockchain Capital led the Tour, which experienced additional support from Mirana Ventures and L2IV. As part of the investment, the general partner of Blockchain Capital Spencer Bogart joined the Board of Directors of Onebalance, the company confirmed the block.
Onebalance aims to improve the user experience of web3 products via its transversal integration product, Toolkit. The product allows developers to activate transparent transversal transactions for users – such as asset transfer or gain yield – without obliging them to monitor bridges or gas costs. The company plans to use its funding of $ 20 million to increase its employee workforce and extend the features of its Toolkit product.
“The Stablecoins quickly replace bank accounts and bring millions of users. They expect delicious experiences, not a maze of channels, wallets, bridges to navigate to carry out the most basic actions,” said the CEO and co-founder of Onebalance, Stephane Gosselin, in a press release. “Onebalance corrects this by offering simple experiences with one click for any chain, any action and any token with an unequaled speed, reliability and cost. We have redesigned the development of the blockchain from the node to maximize value creation for users instead of the status quo of the extractable detail value.”
Onebalance leadership includes its co-founder and CEO, Stéphane Gosselin, who also co-founded Flashbots, a research organization and development aimed at reducing the deleterious effects of maximum extractive value (MEV) on blockchain technology. Daniel Worsley, the former chief of operations in Flashbots, is now COO of Onebalance, and Ankit Chiplunkar, former intelligent Coinbase contract engineer, is the CTO of Onebalance.
In June 2024, Onebalance collected $ 5 million in seed funding with the participation of consensys, Wintermute, Cobie and others.
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