According to BlockBeats, on July 17, the cross-chain interoperability protocol Owlto Finance announced the completion of a new round of financing with a valuation of US$150 million, with Matrixport and other institutions participating in the investment.
It is reported that this round of financing was only two months away from the previous round of US$8 million strategic financing. It was jointly led by Bixin Ventures and CE Innovation Capital, and participated by Presto, Hailstone Labs, Skyland Ventures and other institutions.
Owlto is a full-chain interoperability cross-chain bridge that has currently connected to more than 45 networks in the BTC, ETH, and SOL ecosystems. In DefiLlama's 24-hour trading volume ranking, Owlto ranks in the top three and ranks first in some periods. In addition, Owlto already has nearly 2 million user independent addresses in more than 200 countries and regions.
