Arrington Capital and Ascensive Assets Co-lead $3M Seed Funding to Build Cross-Chain Asset Exchange Polkaswitch
SAN FRANCISCO, CA / ACCESSWIRE / March 12, 2021 / Polkaswitch has closed a financing round, securing $3M led by Arrington Capital and Ascensive Assets, with additional participation from venture capital firms including Signum Capital, LD Capital, Bitscale Capital, DFG, Gestalt Capital, Waterdrip Capital and Vendetta Capital.
Polkaswitch is building a decentralized cross-chain liquidity protocol for Polkadot and Ethereum that will build upon the synergies of the two blockchain ecosystems. By combining Ethereum s network effects and mature developer toolset with Polkadot s scalable architecture, Polkaswitch aims to create a powerful DeFi primitive for seamless cross-chain swaps.
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