According to Foresight News, Openverse, a blockchain infrastructure project for crypto trading, has successfully raised $8 million in a strategic Series B funding round. The investment was led by Bright Capital, KC International, Innovation Engine, Go2Mars, Becker Ventures, GAEA Ventures, and several family offices. The newly acquired funds will be directed towards strengthening cross-chain interoperability and mainnet capabilities, advancing the development of its 'Internet of Value' infrastructure.
Previously, Openverse had secured $11 million in funding from early supporters such as Castrum Capital, TB Ventures, DuckDAO, and Asva Capital. As a Layer0 Hub and infrastructure for crypto trading, Openverse has deployed its protocol stack across multiple Layer 1 blockchains. The project aims to establish a bridge-free cross-chain interoperability, a framework for real-world asset tokenization, and native multi-chain payments.
Bitgold (BTG) serves as the underlying asset for the entire Openverse network and ecosystem, functioning as a gas fee, staking asset, and medium of exchange.
