TechFlow reports that cross-chain protocol Socket Protocol has announced a $5 million funding round, with participation from Coinbase Ventures and Framework Ventures. Socket is a protocol designed to enhance communication between blockchains, aiming to connect L1 blockchains with more L2s or rollups.
The new funds will expand Socket's collaboration with Coinbase, including bridge opportunities for developers and users of Coinbase Wallet and Base (the company's new Layer 2 network on Ethereum).




