Union Labs has successfully raised $12 million in a Series A funding round. The company focuses on creating an interoperability layer to connect the Ethereum and Cosmos ecosystems. With the new funding, Union Labs plans to expand its efforts to include Bitcoin in its blockchain connectivity initiatives.

The firm, which aims to bridge the Ethereum and Cosmos ecosystems with its interoperability layer, now wants to build links to Bitcoin too.

Union Labs Raises $12M to Enhance Blockchain Interoperability