Multichain

Multichain, formerly Anyswap, is a Cross-Chain Router Protocol (CRP), an infrastructure developed for the seamless flow of on-chain assets' interoperability. It aims to become the ultimate router of Web3.

Multichain is the cross-chain infrastructure that connects more public blockchains and crypto assets than anyone else, with lower transaction fees, shorter bridging time, and higher security levels.

Multichain was co-founded in 2020 by Zhao Jun. The company is headquartered in Singapore.

 

Multichain provides a mature real-time CRP system, which allows assets on all networks to inter-operate with each other. Multichain boasts leading advantages in security, speed and user experience.

 

Multichain today is by far the best solution for cross-chain interaction. It has completed multiple rounds of security audits by TrailOfBits, SlowMist, and PeckShield.

 

Multichain provides interconnecting infrastructure for many mainstream public blockchains, including Ethereum, Binance Smart Chain, Avalanche, Moonriver, etc. The Total Value Locked (TVL) on Multichain, whose number of users exceeds 300,000, is more than $5 billion, with over 1,000 crypto assets circulating among different mainnets.

 

Multichain has raised $60M in a Seed funding on Dec 21, 2021. The round was led by Binance Labs. Other co-investors in this round include Sequoia China, IDG Capital, Three Arrows Capital, DeFiance Capital, Circle Ventures, Tron Foundation, Hypersphere Ventures, Primitive Ventures, Magic Ventures and HashKey.

 

 

  • Year founded: 2020
  • Funding Info: $60M over 1 Round (Funding Type: Seed- Series Unknown)
  • Yearly Revenue: NA
  • Employee Size: 11-50
  • Business Valuation: NA
  • City/Town: Singapore
  • State: Central Region
  • Country: Singapore
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