OneBalance, a cross chain infrastructure developer, raised $ 20 million in Series A Financialing, raising the total funds to $ 25 million.
Cyber Fund and Blockchain Capital led the round, which led to additional support of Mirana Ventures and L2IV. As part of the investment, Blockchain Capital General Partner Spencer Bogart has joined the board of directors of Onealance and the company has confirmed the block.
OneAlance aims to improve the user experience of Web3 products through the toolkit, a cross chain integrated product. Through this product, the developer enables a smooth cross chain transaction for users, such as transferring assets or obtaining yields without monitoring bridges or gas fees. The company plans to increase the number of employees’ heads and expand the function of toolkit products using $ 20 million in finance.
“Stablecoins quickly replaces the bank account and attracts millions of users. They look forward to a pleasant experience, not the chain, wallet, or leg maze to complete the most basic behavior.” “OneALANCE solves this by providing all tokens with a simple one -click experience for all chains, all tokens with unmatched speed, reliability and costs. We have reinstated the development of blockchain on the node to maximize the user’s value creation instead of the current state of retail extractable value.”
Leadership in OneAlance includes co -founder and CEO Stephane Gosselin and co -founded Flashbots, a research and development organization to alleviate the harmful effects of the maximum extractable value (MEV) for blockchain technology. Daniel Worsley, the previous workplace of Flashbots, is currently working as an OneAlance ‘S CoO, and Ankit Chiplunkar, the former Coinbase Smart Contract Engineer, is CTO of OneAlance.
In June 2024, OneAlance raised $ 5 million of seed funds with participation in consensys, wintermute, and cobie.
Indemnity: Block is an independent media outlet that delivers news, research and data. As of November 2023, Poresight Ventures is the majority investor of this block. The predictive venture invests in another company in the encryption space. Crypto Exchange Bitget is an anchor LP of predictive venture. This block continues to work independently to provide objective, influential and timely information about the encryption industry. The following is the current financial disclosure.
© 2025 Block. All rights holdings. This article is provided only for the purpose of providing information. It is not provided or used as law, tax, investment, finance or other advice.