ChainCatcher Message, Cross-Chain Settlement Layer Union announces completion of $12 million Series A funding, with investors including Gumi Cryptos Capital and Longhash Ventures, as well as participation from Borderless Capital and Blockchange. Notably, the founders of Polygon, Movement, and Berachain's blockchains have also joined the investment round, bringing the total funding amount to $16 million. 💰

Union plans to use this funding to expand its core team, integrate partners, and develop its ecosystem. According to information from RootData, Union is an efficient interoperability protocol capable of connecting all blockchains and Rollups in any ecosystem. 🔗

Its design is based on consensus validation, without relying on trusted third parties, oracles, multi-signatures, or MPC, which gives it unique advantages in security and efficiency. 🌐

This financing provides a solid foundation for Union's future development, and the market will closely monitor its performance in the field of blockchain interoperability. 📈