Stripchain completes $10 million funding for interoperability agreement

Stripchain, an interoperability protocol, closed a $10 million round led by Sora Ventures, with participation from Hyperithm, Shima Capital, Hypersphere, Mechanism, and Ascensive Assets. The startup allows developers to create commands called intents to perform operations such as transferring data between blockchains. Based on a system called stripVM, it will enable applications to communicate and coordinate with different protocols.