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Glacis Labs Completes $2.1 Million Seed Round Led by Arrington Capital and Paper Ventures

Glacis Labs Completes $2.1 Million Seed Round Led by Arrington Capital and Paper Ventures

Bitget2024/05/10 14:51

On May 10, the cross-chain messaging protocol Glacis Labs announced on the X platform that it had completed a $2.1 million seed round of financing, led by Arrington Capital and Paper Ventures, with participation from Bitscale Capital, Protagonist, Edessa Capital, and angel investors such as Collion Myers, Luke Youngblood.eth and Steven Kokinos. Valuation information has not yet been announced. It is reported that Glacis is a multi-functional protocol that can be used for cross-chain messaging. Developers can use Glacis to define security requirements and routing logic for messages sent across different blockchain networks.

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