Cross-chain infrastructure SYNTHR announces that it has completed 5 rounds of financing, raising a total of 10 million USD.

According to Wu, the cross-chain infrastructure SYNTHR has announced the completion of 5 rounds of financing, raising a total of 10 million USD, with participation from Kronos, NGC Ventures, Morningstar Ventures, among others. Additionally, the project has received support from 11 grants, including those from Oasis Network, Sui, and Sei. SYNTHR is a cross-chain asset protocol designed with Layer Zero and is also a synthetic asset protocol that allows users to mint and trade on-chain derivatives.