OneBalance Secures $20 Million in Series A Funding for Developer Platform
OneBalance has raised $20 million in a Series A funding round to enhance cross-chain user experience. Key points include:
- The round was led by cyber•Fund and Blockchain Capital, with support from Bybit’s Mirana Ventures and L2IV.
- Founders include contributors from Flashbots and a former Coinbase engineer.
- The OneBalance Toolkit provides developers with one-click access for transfers, swaps, and yield across chains, currently supporting Bitcoin-to-EVM swaps, with Solana integration forthcoming.
- CEO Stephane Gosselin highlighted the growing demand for streamlined operations among non-crypto native users.
- Previous fundraising included a $5 million angel round in 2024 with participation from Consensys and others.