TechFlow News — According to official updates, on March 10, multi-chain infrastructure platform Socket announced a $5 million funding round led by Framework Ventures, with participation from Coinbase Ventures, Lightspeed, Nascent, Geometry, eGirl Capital, Folius Ventures, Maven 11, 4RC, Archetype (formerly Acrylic), Mark Cuban, and others.
Socket was previously known as Movr Network. The funds will support Socket’s mission to unify the multi-chain ecosystem by connecting all blockchains and enabling seamless asset and data transfers across them. Additionally, Socket has just launched a new application called Bungee (formerly FundMovr), designed to address users’ frequent needs for cross-chain token transfers.




