#SYNTHR raises $10 million in funding.#
Hot Topic Overview
Overview
Cross-chain infrastructure SYNTHR announced it has completed 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 funding support from 11 institutions, including Oasis Network, Sui, and Sei. SYNTHR is a cross-chain asset protocol designed by Layer Zero, and also a synthetic asset protocol that allows users to mint and trade on-chain derivatives.
Ace Hot Topic Analysis
Analysis
Cross-chain infrastructure SYNTHR recently 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. Additionally, SYNTHR has secured 11 grant sponsorships from Oasis Network, Sui, Sei, and other organizations. SYNTHR is a cross-chain asset protocol built on Layer Zero, and also a synthetic asset protocol, allowing 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 market. The successful fundraising of SYNTHR indicates the growing market interest in cross-chain technology and synthetic assets, which will also drive its further development in the future.
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.
SYNTHR has also received funding support from 11 organizations, including Oasis Network, Sui, and Sei.
SYNTHR is a cross-chain asset protocol designed by Layer Zero, and is also a synthetic asset protocol that enables users to mint and trade on-chain derivatives.