Router Protocol Secures $4.1 Million in Private Funding Round on December 10, 2021
According to industry sources, Router Protocol raised $4.1 million in a Private funding round on December 10, 2021. Investors participating in this round included Coinbase Ventures, Wintermute, Shima Capital, P2 Ventures, Woodstock, QCP Capital, Mapleblock, DeFi Capital, TeraSurge Capital, and Bison Fund. Following this transaction, Router Protocol's total funding reached $4.58 million.Router Protocol is a cross-chain messaging protocol utilizing a mesh network architecture to enable communication between different blockchains. The project offers a suite of products, including its flagship application Voyager, versatile widgets, and an SDK named CrossTalk. According to its development timeline, Router Protocol completed a $480,000 seed round and launched trading in January 2021, followed by its official mainnet launch in February 2022.With cross-chain interoperability becoming increasingly critical, Router Protocol's solutions provide significant support for the blockchain ecosystem. As blockchain technology continues to evolve and application scenarios expand, the demand for cross-chain communication is expected to grow steadily. This latest funding round not only reflects investor confidence in Router Protocol's technological capabilities but also provides robust financial backing for its future development.
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