Across

Across combines a 1-of-N security model with a super efficient capital management system to deliver secure, scalable, low slippage cross chain bridging. After backing Hart and his talented team nearly 5 years ago to build UMA, we couldn’t be more excited to support them again as they leverage their expertise and experience towards solving crypto’s cross chain UX.

The strategic partnerships with Hack VC, Placeholder and Blockchain Capital will further Across Protocol’s mission of being the most used cross-chain bridge in web3. The funds from the investment will fuel the development of the cross-chain bridge to add more destinations, further increase capital efficiency, and expand the permissionless relayer network. Across will leverage the experience and resources of the strategic partners to hire talent, acquire more users, secure integrations with other projects and build the Across brand. The Across Success Token transaction is a strong show of confidence in Across Protocol and ensures long-term incentives alignment between Risk Labs, $ACX tokenholders, and the strategic investors.