According to Techub News, Cointelegraph reported that the interoperability protocol Stripchain has completed a $10 million financing, led by Sora Ventures, with participation from Hyperithm, Shima Capital, Hypersphere, Mechanism and Ascensive Assets. Angel investors include Santiago Santos, Stephane Gosselin of Frontier Research, and Ryan Selkis of Messari.
Stripchain allows developers to create commands called "intents" to perform actions such as transferring data between blockchains. Based on a system called stripVM, the protocol allows applications to communicate and coordinate with different protocols.
