TechFlow news — Eclipse, a customizable rollup provider, has launched SVM, a scaling solution for Solana that enables application compatibility with Polygon.
Neel Somani, founder of Eclipse, said the Seallevel Virtual Machine (SVM) will be powered by Eclipse and capable of running Solana-compatible smart contracts and tools, ultimately boosting throughput speed and interoperability for crypto sub-sectors such as gaming and DeFi.
With this solution, dApps built on the Solana blockchain can migrate to or become multi-chain via Polygon SVM, potentially opening doors for communities using and building across different blockchains.
In September last year, Eclipse announced it had raised $15 million in pre-seed and seed funding at an over-$100 million valuation. The $9 million seed round was co-led by Tribe Capital and Tabiya, with participation from Caballeros Capital, Infinity Ventures Crypto, Soma Capital, Struck Capital, and CoinList. The additional $6 million pre-seed round was led by Polychain Capital, with involvement from Tribe Capital, Tabiya, Galileo, Polygon Ventures, The House Fund, and Accel. Eclipse is developing customizable rollup infrastructure aiming to become a "universal Layer 2" platform compatible with multiple L1 blockchains. Original link
