According to ChainCatcher, LayerZero ecosystem's full-chain NFT protocol Holograph announced the completion of a new round of strategic financing of US$3 million, led by Mechanism Capital and Selini Capital, with participation from Hal Press's Northrock Capital, Arca, Courtside Ventures and Hartmann Capital. As of now, the project's total financing has reached US$11 million.

Holograph’s full-chain technology allows the creation of NFT assets that can be used on multiple Ethereum-compatible blockchains. The new funds are intended to accelerate its expansion into the growing blockchain gaming market, with a focus on supporting Ethereum-compatible network tokens, including Optimism, Arbitrum, Avalanche, BNB Chain, Base, Mantle, Zora, and Linea.

Web3 asset data platform RootData shows that Holograph is a full-chain tokenization protocol that enables asset issuers to mint native composable full-chain tokens. Holograph works by burning tokens on the source chain, sending messages to the target chain through a message protocol, and then resending the same number of tokens to the same contract address. This unifies liquidity, eliminates slippage, and maintains interchangeability between blockchains.