OWLTO FINANCE completes $8 million strategic round of financing to accelerate the development of cross-chain technology

The cross-chain interoperability protocol OWLTO FINANCE has completed a strategic round of financing of US$8 million, led by BIXIN VENTURES and CE INNOVATION CAPITAL. This round of financing will be used to accelerate the upgrade of AI-intended cross-chain products, the development of modular cross-chain interoperability protocols, global operations and marketing, full-chain liquidity solution V2, capitalized market operations, etc. OWLTO FINANCE was initially launched as an ETH LAYER2 cross-chain bridge. About half a year after its launch, it accounted for more than 75% of the third-party cross-chain volume in some ETH LAYER2 networks, and recently expanded to the Bitcoin ecosystem.