Cross-Chain Infrastructure Protocol LI.FI Raises $5.5M

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Cross-Chain Infrastructure Protocol LI.FI Raises $5.5M
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.lifiprotocol, a cross-chain aggregator of bridges and decentralized exchanges, raised $5.5 million in a funding round led by 1kxnetwork. BrandyBetz reports

’s near-term goals include expansion to additional layer 1 blockchains, said Zentner.

The company will also launch a new widget product that provides developers with a simplified user interface that allows their users to swap from anywhere into a chosen decentralized application, smart contract or asset.does the hard work of abstracting away the underlying complexity to enable more innovative applications and collaboration across ecosystems” said 1kx founding partner Lasse Clausen in the press release.

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