Layer2 Cross-Rollup Bridge Orbiter Finance Closes First Round of Funding

The Layer2 cross-rollup bridge Orbiter Finance announced that it has closed its first round of funding for an undisclosed amount with participation from Tiger Global, A&T Capital, Starkware, Cobo Ventures, Mask Network, etc. Vitalik Buterin has donated 16 ETH to the project. 

Orbiter says it currently supports 14 networks and 4 tokens ($ETH, $USDC, $USDT, $DAI), and that its contracts have been deployed on Goerli and will be released on the testnet soon. 

In addition, Orbiter will enter the second phase next and put more effort into the design of algorithm application and inter-chain scaling scheme, aiming to create a ZK Aggregated Middle-layer.