🚀 Relay Secures $17 Million in Series B Funding and Launches Relay Chain
#Relay #SeriesB #Funding #CrossChain #BridgeAggregator #RelayChain #LiquidityFragmentation #CapitalEfficiency #TransactionCost #Settlement #Exchange
Relay, a cross-chain bridge aggregator, has announced the completion of a $17 million Series B funding round, led by Archetype and Union Square Ventures. According to ChainCatcher, the company also unveiled the Relay Chain.
The Relay Chain is designed as a foundational infrastructure for cross-chain settlement and exchange. It aims to address liquidity fragmentation issues by enabling per-order settlement at minimal cost, enhancing capital efficiency while significantly reducing transaction delays and costs.#Relay #SeriesB #Funding #CrossChain #BridgeAggregator #RelayChain #LiquidityFragmentation #CapitalEfficiency #TransactionCost #Settlement #Exchange