Khalani, a Cross-Chain Liquidity Layer, Secures $2.5 Million in Seed Funding
CryptoNewsTerminal Staff06 Aug, 2024
Khalani, a Cross-Chain Liquidity Layer, Secures $2.5 Million in Seed Funding
Khalani, a cross-chain liquidity layer, has raised $2.5 million in seed funding led by Ethereum Ventures. Other investors in the round included Ncent, Figment Capital, and Maelstrom. The funds will be used to expand the team and develop the protocol’s platform. Khalani's platform allows users to deposit assets on one blockchain and borrow against them on another, enabling liquidity sharing between different blockchains. The protocol is currently in development, with a public launch planned for later this year.
