Webb Protocol Closes $7 Million Seed Round Led by Polychain Capital and Lemniscap

Webb Protocol, a privacy cross-chain protocol, has closed a $7 million seed round led by Polychain Capital and Lemniscap. The funds raised will help the team grow and accelerate the development of new privacy-focused tools.

Webb offers a cross-chain bridge protocol backed by zero-knowledge proofs, designed to provide a new privacy standard for cross-chain applications, covering all assets, data and locations.

 

TokenInsight is dedicated to covering the most important and cutting-edge trends in the world of crypto. If you have information to share with us, please feel free to contact our email news@tokeninsight.com. Your trust will be well respected.

Source