CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

CoinDesk 2025-04-22 14:05:24

Interoperability Project Analog Raises $15M to Unify Liquidity Across Blockchains

Analog, a blockchain project looking to improve unified liquidity across multiple networks, said it raised $15 million through a token sale. Digital asset financier Bolts Capital completed the token purchase to bring Analog's total backing to $36 million, according to an emailed announcement shared with CoinDesk on Tuesday. Analog plans to use the capital to develop interoperability tools like Omnichain Analog Token Standard (OATS), which enables transfer of fungible and non-fungible assets across blockchains chains Also in the pipeline is Firestarter, a real-world asset (RWA) marketplace to tokenize real estate, collectibles and revenue-producing items. Tokenization of RWAs represents a use case for blockchain technology of considerable interest for traditional financial (TradFi) institutions. However, fragmented liquidity across multiple ecosystems is a potential roadblock to further adoption that interoperability projects like Analog are looking to demolish.

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.