Cross-Chain

Socket co-founders, Rishabh Khurana and Vaibhav Chellani (Socket)
Coinbase, Framework Venture Funds Invest $5M in Socket Protocol, in Bet on Blockchain Interoperability
The fundraise comes as "cross-chain" protocols from the companies including LayerZero and Chainlink have attracted investors, despite the bear market – assuming a future where blockchains are seamlessly interconnected.
Socket co-founders, Rishabh Khurana and Vaibhav Chellani (Socket)

(Getty Images)
Wormhole Launches New Blockchain Connecting to Any Cosmos Appchain
The Wormhole Gateway is designed to make it easier for developers and users to on-ramp liquidity into the Cosmos ecosystem.
(Getty Images)

(Shutterstock)
Cross-Chain Protocol Axelar to Develop Web3 Services With Microsoft Azure
Axelar said further plans with Microsoft include connecting private and public blockchains that use OpenAI services to create Web3 products.
(Shutterstock)

Eli Ben-Sasson, Co-founder and President of Starkware. (Starkware)
‘Storage Proofs’ Touted as Alternative to Hack-Prone Bridges in Multichain World
Storage proofs, a feature that could minimize cross-chain exploits by allowing users to keep their assets on one chain and prove that it's there on a different chain, will go live on Starknet soon.
Eli Ben-Sasson, Co-founder and President of Starkware. (Starkware)

(Pixabay)
Borderless Capital Leads Wormhole-Powered $50M Cross-Chain Fund
Among the other investors are Jump Crypto, Arrington Capital, the Solana Foundation and Aptos Labs.
(Pixabay)

The Saga smartphone. (Danny Nelson/CoinDesk)
A ‘Super App’ May Be Web3’s Super Power
Elon Musk has a vision to turn Twitter into an all-in-one app, like WeChat. Turns out, permissionless and composable crypto platforms together form something better than the sum of its parts.
The Saga smartphone. (Danny Nelson/CoinDesk)

LayerZero co-founders CTO Ryan Zarick and CEO Bryan Pellegrino (Chung Chow, BIV)
Crypto Protocol LayerZero Raises $120M at $3B Valuation
The valuation is triple the level of the firm's previous funding round in March 2022.
LayerZero co-founders CTO Ryan Zarick and CEO Bryan Pellegrino (Chung Chow, BIV)

(Aleksandr Barsukov/Unsplash)
Axelar Introduces Virtual Machine for Developers Building Cross-Chain Crypto Apps
Axelar describes its new VM as Kubernetes for Web3.
(Aleksandr Barsukov/Unsplash)

Umee aims to be a hub for cross-chain DeFi.
Axelar and Polygon Supernets Team Up to Provide Cross-Chain Interoperability
This will allow developers to build their applications across multiple blockchains
Umee aims to be a hub for cross-chain DeFi.

SWIFT and Chainlink are working on a cross-chain interoperability protocol. (Swift)
SWIFT Partners With Crypto Data Provider Chainlink on Cross-Chain Protocol in TradFi Play
Interest from institutional investors moving into crypto has been “undeniable,” according to SWIFT’s Strategy Director.
SWIFT and Chainlink are working on a cross-chain interoperability protocol. (Swift)