According to TechFlow, on July 17, according to official news, the cross-chain interoperability protocol Owlto Finance announced the completion of a new round of financing with a valuation of US$150 million, with participation from institutions such as Matrixport. Owlto is a cross-chain bridge for full-chain interoperability, and has currently connected to more than 45 networks in the BTC, ETH, and SOL ecosystems. In DefiLlama's 24-hour trading volume ranking, Owlto ranks in the top three and ranks first in certain periods. In addition, Owlto already has nearly 2 million independent user addresses in more than 200 countries and regions.
Earlier news reported that Owlto Finance completed a strategic round of financing of US$8 million, led by Bixin Ventures and CE Innovation Capital, with participation from Presto, Hailstone Labs, Skyland Ventures and other institutions.
