TechFlow reports that cross-chain communication protocol Hyperbridge has raised $2.5 million in a seed funding round co-led by Web3 Foundation and Scytale Digital.
Hyperbridge is an innovative cryptoeconomic coprocessor that combines zero-knowledge technology with mechanism design protocols to deliver highly secure and verifiable cross-chain communication solutions. The project has secured a parachain slot within the Polkadot ecosystem and raised $2.7 million through a community loan offering.
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