TechFlow reports that cross-chain interoperability protocol Analog has announced a $16 million funding round at a $120 million valuation, led by Tribe Capital and joined by NGC Ventures, Wintermute, GSR, NEAR, Orange DAO, Samara Asset Group (Mike Novogratz), Balaji Srinivasan, among others.
Analog is developing cross-chain communication tools to enable interoperability across multiple blockchain networks. Its core offerings include Timechain, a Rust-based blockchain network; a universal messaging protocol; Analog Watch, a developer-focused product; and the Timegraph SDK and API suite, enabling application builders to compose applications across multiple chains.
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