Two years have passed since I covered Analog at the end. This is a technical startup behind the protocol of the interoperability of blockchain to simplify the collaboration of the entire blockchain while securing Scalability and Security. Since 2022, the company has been promoting the mission to expand its team and eliminate barriers between blockchain networks.
Today, analog has announced that it has closed a $ 5 million funding round, supported by famous venture capital companies. This latest salary raises the total funds to $ 21 million, preparing for public token sales.
Financial procurement shows strong investors’ trust in analog approaches for seamless cross -chain data accessibility. Major participants include Tribe Capital, Balaji Srinivasan, WinterMute, and Mask Network.もともとBinanceによってインキュベートされたこのラウンドは、Foresight Ventures、近くのFoundation、Contango Digital、Outliers Fund、GSR、NGC Ventures、およびいくつかのエンジェル投資家からの支援を集めました。
The analog, which has been procured for $ 21 million so far, has become a complete dilution (FDV) of $ 300 million, as the token generation event (TGE) is ready. The company uses this fund tools, such as a general message path (GMP) protocol and a developer tool that enables the creation of omnicin -in distributed applications (DAPP) that can operate with multiple blockchains. I plan to develop it.
Enhance the interoperability of the cross chain
Analog platform aims to solve the important blockchain issues, such as inefficiency and limited cross -chain operability. By providing a tool for creating a DAPP to create a seamlessly dialogue with different blockchains, analog is a position as an important player in the construction of a multi -chain ecosystem.
The company’s initiatives are currently supported by SDK, which is currently functioning EVM and Polkadot Chains. Future updates include support for Solana and Ton so that developers can easily build Omnichain applications.
ANALOG, established by Victor Young and SANCHAL RANJAN, has already introduced its functions in Zenswap, a distributed exchange that can exchange assets with multiple blockchains using USDC -based fluid routing. The supported network contains Ton, Solana, and Bitcoin.
The recruitment of the industry and the growing ecosystem
This platform has attracted a partnership with notable projects such as Rarible, Pixelport, Belong Network, XYO, Meson Network, Dmail, and Station. Currently, more than 50 projects promise to build or build based on Analog protocols. The test net has a powerful engagement with more than 345,000 accounts, and the full release of the main net is set.
What is next to analog?
As blockchain technology moves toward multi -chain solutions, analog is in place to play a central role in improving interoperability. The GMP protocol is designed to support use cases such as distributed transactions, NFT mint, and liquidity aggregation of the entire blockchain.
By simplifying the interaction of the cross -chain, analog is working on creating a more connected blockchain ecosystem that benefits both developers, institutions and users. With the latest financing rounds and the growing ecosystem, the company is fully positioned to lead the next blockchain innovation stage.
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