#Cross-chain project SYNTHR secures $10 million in funding#
Hot Topic Overview
Overview
SYNTHR, a cross-chain infrastructure project, has announced the completion of 5 funding rounds, raising a total of $10 million. Participating investors include Kronos, NGC Ventures, Morningstar Ventures, and others. In addition, SYNTHR has received 11 grant supports from Oasis Network, Sui, Sei, and others. Built on Layer Zero, SYNTHR is a cross-chain asset protocol and a synthetic asset protocol that allows users to mint and trade on-chain derivatives.
Ace Hot Topic Analysis
Analysis
SYNTHR, a cross-chain infrastructure project, recently announced the completion of 5 rounds of funding, raising a total of $10 million. Participating investors include Kronos, NGC Ventures, Morningstar Ventures, and others. In addition, the project has received 11 grant supports from Oasis Network, Sui, Sei, and others.Built on Layer Zero, SYNTHR is a cross-chain asset protocol and a synthetic asset protocol, allowing users to mint and trade on-chain derivatives. The funding will be used to further develop its cross-chain infrastructure and expand the application scope of its synthetic asset protocol.SYNTHR's successful fundraising demonstrates the market's recognition of cross-chain technology and synthetic assets, and also reflects investor confidence in the project's future development.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
SYNTHR, as a cross-chain infrastructure, has completed 5 rounds of financing, raising a total of $10 million.
SYNTHR has attracted investments from renowned institutions such as Kronos, NGC Ventures, and Morningstar Ventures.
In addition to financing, SYNTHR has also received 11 grant supports from Oasis Network, Sui, Sei, and other institutions.
SYNTHR is a cross-chain asset protocol designed by Layer Zero, and also a synthetic asset protocol, enabling users to mint and trade on-chain derivatives.