Interoperability project analog collects $ 15 million to unify liquidity through blockchains



Analog, a blockchain project that seeks to improve unified liquidity in multiple networks, said he raised $ 15 million through a tokens sale.

The Financial of Digital Assets Bolts Capital completed the purchase of tokens to carry the total analog support for $ 36 million, according to an ad -email -email with Coindesk on Tuesday.

Analog plans to use capital to develop interoperability tools such as omnichain analog token standard (OATs), which allows the transfer of fungible assets and not fungible through blockchains chains

It is also in the Firstarter pipe, a real world asset market (RWA) to tokenize real estate, collectibles and income producing items.

RWAS token represents a case of use for blockchain technology of considerable interest for traditional financial institutions (Tradfi).

However, fragmented liquidity in multiple ecosystems is a potential obstacle for greater adoption that interoperability projects such as Analog are looking to demolish.



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