#SYNTHR Closes $10 Million Funding Round#
Hot Topic Overview
Overview
Cross-chain infrastructure SYNTHR announced the completion of its Series A funding round, raising $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. SYNTHR is a cross-chain asset protocol built on Layer Zero, and it is also a synthetic asset protocol that allows users to mint and trade on-chain derivatives.
Ace Hot Topic Analysis
Analysis
Cross-chain infrastructure SYNTHR has announced the completion of its Series 5 funding round, raising a total of $10 million. Participating investors include Kronos, NGC Ventures, Morningstar Ventures, and others. In addition, SYNTHR has received funding support from 11 projects including Oasis Network, Sui, and Sei. SYNTHR is a cross-chain asset protocol built on Layer Zero, as well as a synthetic asset protocol that allows users to mint and trade on-chain derivatives. This funding will be used to further develop its cross-chain infrastructure and expand its synthetic asset ecosystem. The successful funding of SYNTHR demonstrates the growing interest in cross-chain infrastructure and synthetic assets, and also reflects investors' recognition of the SYNTHR team and its technological strength.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
SYNTHR is a cross-chain infrastructure that has completed 5 rounds of financing totaling $10 million.
SYNTHR has attracted investments from renowned institutions such as Kronos, NGC Ventures, and Morningstar Ventures.
In addition to financing, SYNTHR has received 11 grant supports from Oasis Network, Sui, Sei, and others.
SYNTHR is a cross-chain asset protocol designed by Layer Zero and is also a synthetic asset protocol, enabling users to mint and trade on-chain derivatives.