Router Protocol Closed $4.1 Million in Funding Led by Coinbase Ventures and Others

TokenInsight news that Router Protocol, a cross-chain infrastructure startup, has closed a $4.1 million round of funding led by Coinbase Ventures, Alameda Research, Polygon and others. The funds raised will reportedly be used to improve Router's cross-chain infrastructure and build Router V2. Router Protocol is building a cross-chain infrastructure to enable communication between current and emerging Layer 1 and Layer 2 blockchain solutions, and will launch a multi-chain IDO platform and make its SDK available for other projects to develop in the coming months.