EYWA, a Road Town, British Virgin Islands-based company providing a consensus bridge service that secures transactions across multiple protocols, raised $7M in Seed funding.
The round was led by Curve Finance founder Michael Egorov with participation from Fenbushi Capital, GBV Capital, Big Brain Holdings, Marshland Capital, Mulana Capital and others.
The company intends to use the funds to expand operations and its development efforts.
EYWA secures transactions across multiple protocols by utilizing a consensus of bridges present on the market. In conjunction with Curve, the company has created CrossCurve, which connects more than $2 Billion of liquidity from different blockchains into a unified cross-chain market. It facilitates low-slippage cross-chain swaps of various asset types, supported by Curve’s deep liquidity in the billions of dollars. CrossCurve supports the transfer of multiple token types — from stablecoins to liquidity provider and liquid staking tokens.
FinSMEs
03/05/2024