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Relay completes $17 million Series B funding, with Archetype and Union Square Ventures co-leading the investment
Deep Tide TechFlow News, February 6 — According to official sources, cross-chain interoperability infrastructure provider Relay announced the completion of a $17 million Series B funding round led by Archetype and Union Square Ventures, along with the launch of Relay Chain, a dedicated cross-chain settlement platform.
Relay, as a blockchain interoperability layer, is an infrastructure built specifically to meet cross-chain settlement and exchange needs and is now live. The design advantages of this chain include faster settlement speeds, lower costs, and more efficient liquidity management, enabling more seamless cross-chain transactions and providing users with instant, global, and frictionless fund flow experiences.