Odaily Planet News: On-chain capital interoperability infrastructure Relay posted on the X platform that it has completed a $17 million Series B round of financing, led by Archetypevc and USV. In addition, Relay will launch infrastructure specifically built for instant cross-chain settlement, Relay Chain.
Relay Completes $17M B-Round Funding Led by Archetypevc and USV, to Launch Relay Chain
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Summary
Relay Chain, a real-time cross-chain settlement infrastructure, has secured $17 million in B-round funding led by Archetypevc and USV, according to on-chain news. The project will now launch its dedicated blockchain to support cross-chain transactions. Token launch news is expected to follow as the team moves forward with the deployment of the new chain.
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