OneBalance, a brand new developer platform designed to remove cross-chain UX friction, has raised $20 million in a Collection A spherical, the corporate stated in a press launch Wednesday.
The spherical was led by cyber•Fund and Blockchain Capital, with backing from Bybit’s Mirana Ventures and L2IV, the corporate stated.
OneBalance was based by core contributors to Flashbots, the Ethereum-centric analysis and improvement startup that goals to take away the damaging impacts of maximal extractable worth (MEV), and a former Coinbase (COIN) engineer.
The OneBalance Toolkit affords builders one-click entry to transfers, swaps, and yield throughout chains, and already helps native Bitcoin-to-EVM swaps, with Solana integration coming quickly, the corporate stated.
“There may be a lot development within the stablecoin world and that’s bringing lots of people onchain however they don’t seem to be crypto native, and their expectation is to do one click on operations,” stated Stephane Gosselin, CEO and co-founder of OneBalance, in an interview.
“Till now there hasn’t been a strategy to construct merchandise that allow that,” he added.
Early OneBalance companions embrace DSX, Vooi, Spritz, and Nuvolari.
The newest fundraising follows a $5M angel spherical in 2024 that included participation from Consensys, Wintermute, Anagram, Cobie, and others.
