Interlay’s mission is to bring its interBTC product to all major blockchains, including Polkadot, Ethereum and Cosmos, according to founder and CEO Alexei Zamyatin.
Interlay, a Bitcoin (BTC) interoperability project that first launched on Polkadot, has concluded a $3 million seed round to further develop its flagship decentralized finance product, marking another important capital raise in the blockchain industry. The funding will go towards supporting Interlay’s interBTC platform, which allows users to invest, earn and pay with Bitcoin on any blockchain. Originally commissioned for Polkadot, interBTC will expand to other blockchains including Ethereum (ETH) and Cosmos.As Cointelegraph reported, Interlay began building its Bitcoin bridge in early 2020 after receiving a grant from Web3 Foundation, a technology steward for the decentralized web. Interlay claims that its interBTC product is fully backed by Bitcoin at a r
Źródło: https://cointelegraph.com/news/bitcoin-interoperability-platform-interlay-raises-3m-in-seed-funding
