May 8, 2024
Owlto Finance has raised $8 million in a strategic funding round, led by Bixin Ventures and CE Innovation Capital (CEiC). This funding comes in anticipation of Owlto’s upcoming Token Launch and Airdrop, underscoring the project’s dedication to enhancing its AI-powered protocol.
Project | Latest Raise | Latest Raise | Stage | Total Raise | Lead Investor | Category |
|---|---|---|---|---|---|---|
Owlto Finance | May 8, 2024 | $8M | Unknown | $8M | Bixin Ventures | Web3 |
Key Features
● Safe: Ensures secure asset transfers.
● Fast: Provides lightning-speed cross-chain interactions.
● Low-priced: Offers cost-effective solutions.
● Easy-to-use: Delivers a user-friendly experience.
Strategic Use of Funds
● Team Expansion: Recruiting top talent to scale the platform and ensure operational excellence.
● Product Development: Enhancing features and refining the platform to better serve users and address their needs.
● Marketing Initiatives: Expanding outreach efforts to attract a broader audience and drive adoption of the platform.
Benefits of Owlto’s Platform
● Increased Liquidity: Facilitates efficient trading of assets across different blockchains.
● Enhanced Transparency: Provides an immutable record of transactions, fostering trust within the marketplace.
● Improved Accessibility: Enables global participation in the cross-chain asset transfer network, removing geographical limitations.
● Democratization of Ownership: Allows fractional ownership through NFTs, making participation more inclusive and accessible.
About the Company
Owlto Finance is revolutionizing the blockchain landscape by providing seamless cross-chain bridging services. As an intent-centric interoperability protocol, Owlto aims to “Bridge the World with AI Agent.” With over 1.6 million users across 200+ countries and more than 1.5 million transactions, Owlto has rapidly become the leading omnichain interoperability protocol in the BTC ecosystem. The platform ensures secure, fast, and cost-effective asset transfers, offering a user-friendly experience for all its users.
Website: https://owlto.finance/
Twitter Account: @Owlto_Finance
Twitter Followers today: 284,000
Twitter Followers 30 days ago: 277,107
Twitter Follower change: 6,893 (+2.5%)
About Investor
Investor: Bixin Ventures
Description: Bixin Ventures is a leading investment firm specializing in early-stage infrastructure projects. They support innovative teams and groundbreaking technologies in the blockchain space.
Location: United States
Website: https://bixinvc.com/
A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.
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