According to BlockBeats, the full-chain interoperability protocol Analog has completed a $16 million seed and strategic round of financing, led by Tribe Capital, with participation from NGC Ventures, Wintermute, GSR, NEAR, Orange DAO, etc. Analog co-founder Victor Young said that the financing was achieved through a simple agreement for future tokens (SAFT), and this round of financing raised Analog's fully diluted valuation to $120 million. Analog is a blockchain interoperability project that aims to build cross-chain communication tools that achieve interoperability across multiple blockchain networks. Its core products include the Rust-based blockchain network Timechain, a universal messaging protocol, a developer-oriented product Analog Watch, and the Timegraph SDK and API suite.