According to Odaily, Router Protocol, a bridge protocol, has announced the completion of a new round of funding. The specific amount of the funding has not been disclosed. The new funds will support the protocol in providing bridge services for Ethereum and BNB Chain, and will expand the bridge to more networks.
Router Protocol was launched on the Polygon and BSC chains in 2022. Its aim is to build a modular cross-chain framework for interoperable applications. The new funding will enable the protocol to continue its expansion and development, providing more comprehensive services across various networks.
The announcement of the new funding round indicates the growing interest and investment in the field of blockchain technology and cross-chain interoperability. The Router Protocol, with its focus on creating a modular cross-chain framework, is at the forefront of this trend. The new funding will likely accelerate the protocol's development and expansion, further enhancing its services and capabilities.