Union Labs raises $12M in a Series A funding round

#UnionLabs secures $12M in a Series A funding round co-led by Gumi Cryptos and LongHash Ventures, with participation from Borderless Capital, Foresight Ventures, Atom Accelerator, Eterna Capital, Veris Ventures, LBank Labs, Keplr, Dispersion Capital and others. Union Labs will utilize fresh funding to expand its core team, advance partner integration and help grow the ecosystem.

Union Labs is a zero-knowledge interoperability layer focused on helping blockchains communicate with each other.

👉 x.com/union_build/status/1863980783574323309

UNIUSDT (LONG)
Leverage : Cross 20x
Entry : 7.839 - 7.826

Stoploss : 7.21188

SCALPING
Target 1 - 7.878195
Target 2 - 7.91739
Target 3 - 7.99578

DAY TRADING
Target 4 - 8.07417
Target 5 - 8.15256
Target 6 - 8.23095

SWING TRADING
Target 7 - 8.30934
Target 8 - 8.38773

#UnionLabs $UNI

UNIUSDT (SHORT)
Leverage : Cross 20x
Entry : 7.527 - 8.04636

Stoploss : 8.28722

SCALPING
Target 1 - 7.45173
Target 2 - 7.34635
Target 3 - 7.28613

DAY TRADING
Target 4 - 7.20333
Target 5 - 7.10548
Target 6 - 6.91731

SWING TRADING
Target 7 - 6.73666
Target 8 - 6.29257

$UNI #UnionLabs

🌉 Union Labs Pioneers Polygon-to-Cosmos Bridge with AggLayer Integration

Exciting news in the world of blockchain interoperability! Union Labs, a project dedicated to bridging different blockchain ecosystems, is set to integrate with AggLayer, a decentralized service developed by Polygon Labs. AggLayer facilitates liquidity sharing among interconnected networks.

🔗 This integration holds significance as it strengthens the connections between Polygon, a prominent Ethereum scaling solution, and the Cosmos blockchain ecosystem, leveraging the Inter-Blockchain Communication Protocol (IBC) that Union Labs has been actively building upon.

🚀 According to a press release, this collaboration will enhance liquidity access and movement between AggLayer-connected chains and IBC-enabled chains, streamlining processes in a trustless, efficient, and low-latency manner.

💡 Karel Kubat, founder of Union Labs, emphasized the joint commitment of both projects to address the fragmented nature of blockchains while preserving their individual sovereignty.

📈 With Union Labs planning its mainnet launch later this year and Polygon's continuous innovation in the blockchain space, this collaboration heralds a new era of seamless interoperability and enhanced liquidity for decentralized networks.

Stay tuned for more updates as these projects pave the way for a more connected blockchain ecosystem! 🌐 #BlockchainInteroperability #UnionLabs #Polygon #Cosmos🥷 🚀$MATIC