Polkadot ecosystem interoperability protocol t3rn completes $6.5 million funding, led by Polychain

ChainCatcher news, according to The Block, the Polkadot-based blockchain interoperability protocol t3rn has completed a $6.5 million private fundraising in the form of a SAFT, led by Polychain Capital, with participation from Huobi Ventures, Figment Capital, Blockchange Ventures, Lemniscap, and others. So far, t3rn's total fundraising has reached $8 million, having raised $1.5 million in a seed round led by Polychain Capital last year.

It is reported that t3rn began offering cross-chain transactions across the Polkadot ecosystem and other ecosystems in 2020 and will soon launch on the mainnet, aiming to go live as a Polkadot parachain in the first quarter of next year. (source link)