According to Foresight News, the cross-chain DeFi protocol EYWA has successfully raised $7 million in a seed funding round. The round was led by Michael Egorov, the founder of Curve Finance, with participation from Fenbushi Capital, GBV Capital, Big Brain Holdings, Marshland Capital, and Mulana Capital.
EYWA and Curve are collaboratively developing a trustless bridge to address the issue of fragmented inter-chain liquidity. This is achieved by combining Curve pools with actual cross-chain bridges.