TechFlow reports that XLink, a Bitcoin cross-chain bridge developed by AlexLab, has completed its first round of financing led by ForesightX, Bitcoin Frontier Fund, Bitcoin Labs, and LK Venture. Additional investors include Avid3, BlockBooster, Cypher Capital, Gate Labs, GSG, Incuba Alpha, Kucoin Ventures, Kyros Ventures, and Oak Grove Ventures.
Since its launch on December 1, 2023, XLink has achieved a total cross-chain transaction volume of $60 million.
In addition, XLink has launched a community rewards program through its referral system and points system, with incentives to be distributed in XLNK tokens.




