APP
Cross-chain interoperability protocol Socket announced it has raised a $5 million strategic investment from Coinbase Ventures and Framework Ventures. With this investment, Socket will expand its collaboration with Coinbase to bring its cross-chain infrastructure to Coinbase products, such as Coinbase Wallet and Base.
Coinbase Wallet will introduce the bridging feature powered by Socket, which allows users to bridge from Ethereum to Base and other Layer2s within the wallet. In addition, Socket will help developers and Dapps expand to Base.
In March last year, Socket closed a $5 million seed funding round led by Framework Ventures.
Related: Cross-Chain Infrastructure Socket Closed $5 Million Seed Round with Coinbase Ventures and Others
- Stay updated with the most important cryptocurrency news and valuable insights, conveniently delivered to your email every day. Subscribe to the TokenInsight mailing list now!
- Prefer social media? Follow us on Twitter, or subscribe to our Telegram channel!
- If you have news reports or announcements that you want to reach a wider audience, feel free to email us at news@tokeninsight.com
- Last:
- Next:
