Cross-chain infrastructure development company OneBalance completes $20 million Series A financing

Cross-chain infrastructure development company OneBalance announced the completion of a $20 million Series A financing round, led by Cyber Fund and Blockchain Capital, with participation from Mirana Ventures and L2IV, bringing its total funding to $25 million. OneBalance aims to enhance the user experience of Web3 products with its cross-chain integration product Toolkit, which allows developers to enable seamless cross-chain transactions (such as transferring assets or earning revenue) for users without the need for users to monitor cross-chain bridges or gas fees.