#SYNTHR Raises $10 Million in Funding#
Hot Topic Overview
Overview
Cross-chain infrastructure SYNTHR announced it has completed five rounds of funding, raising a total of $10 million. Participating investors include Kronos, NGC Ventures, Morningstar Ventures, and others. In addition, SYNTHR has secured 11 grants from Oasis Network, Sui, Sei, and others. SYNTHR is a cross-chain asset protocol built on Layer Zero, and also a synthetic asset protocol, enabling users to mint and trade on-chain derivatives.
Ace Hot Topic Analysis
Analysis
Cross-chain infrastructure SYNTHR recently announced it has closed a $10 million funding round across five rounds. Investors include Kronos, NGC Ventures, Morningstar Ventures, and more. Additionally, the project has received 11 grant supports from Oasis Network, Sui, Sei and other organizations. SYNTHR is a cross-chain asset protocol designed on Layer Zero. It is also a synthetic asset protocol that allows users to mint and trade on-chain derivatives. The funding will be used to further develop SYNTHR’s cross-chain infrastructure and expand the functionality of its synthetic asset protocol. SYNTHR aims to provide a secure, efficient, and scalable cross-chain asset trading platform for users, and provide more innovative applications for the DeFi ecosystem.
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 well-known institutions such as Kronos, NGC Ventures, and Morningstar Ventures.
In addition to financing, SYNTHR has received 11 funding supports from Oasis Network, Sui, Sei, etc.
SYNTHR adopts Layer Zero design, is a cross-chain asset protocol, and also a synthetic asset protocol, allowing users to mint and trade on-chain derivatives.