Onbalance, a new developer platform designed to eliminate cross-chain UX friction, has collected $ 20 million in a Serie A Round, the company said in a press release on Wednesday.
The round was led by cyber • Fund and blockchain capital with support from Bybit’s Mirana Ventures and L2IV, the company said.
Onbalance was founded by nuclear contributions to flashbots, Ethereum-centered research and development starts aimed at removing the negative effects of maximum extractable value (MEV) and a former coin base (coin).
Onbalance Toolkit offers developers one-click access to transfers, swaps and dividends across chains and already supports native Bitcoin-to-EVM swaps, where Solana integration will soon come, the company says.
“There is so much growth in the stableecoin world, and that is to bring a lot of people at chain, but they are not crypto native, and their expectation is to perform a click operations,” said Stephane Gosselin, CEO and co-founder of onebalance, in an interview.
“Until now, there has not been a way of building products that enable it,” he added.
Early onebalance partners include DSX, VOOI, SPRITZ and NUVOLARI.
The latest fundraising follows a $ 5 -5 mel round in 2024, which included participation from Consensys, Wintermute, Anagram, Cobie and others.
