Onebalance, a new developer platform designed to eliminate the friction of the UX from the cross chain, has raised $ 20 million in a round of series A, the company said in a press release on Wednesday.
The round was directed by Cyber • Fund and Blockchain Capital, with the support of Mirana Ventures and L2IV of Bybit, said the company.
Onbalance was founded by the central taxpayers of the flashbots, the research and development startup centered on Ethereum that aims to eliminate the negative impacts of the maximum removable value (MEV) and a former Coinbase engineer (COIN).
The Onebalance tool kit offers developers access with a single click to transfers, swaps and yield between chains, and already admits native Bitcoin exchanges to EVM, with the integration of Solana soon, the company said.
“There is so much growth in the world of Stablecoin and that is bringing many people in the chain, but they are not native of cryptography, and their expectation is to do one click operations,” said Stephane Gosselin, CEO and co -founder of Onebalance, in an interview.
“So far there has been no way to build products that allow that,” he added.
Onbalance’s early partners include DSX, Vooi, Spritz and Nuvolari.
The last fundraising follows an angel round of $ 5 million in 2024 that included the participation of consensys, Wintermute, Anagram, Cobie and others.
