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Aligning with our plan to improve Web3, Multichain will integrate NFT Cross-Chain Bridge and our new anyCall solution for arbitrary cross-chain contract calls, supporting innovative NFT and DeFi DApps in cross-chain ecosystems. We will remain on the frontline of cross-chain research,” said Zhaojun, the Co-founder of Multichain.

Bill Chin, Head of Investment at Binance Labs, said: “Binance Labs invests in disruptive innovations that have incredible potential to shape the crypto landscape, which is why we are fully supporting Multichain.” Peter Huo, Investment Director at Binance Labs, added: “Multichain is a key contributor to the multi-chain future for crypto.


Multichain which was formerly named Anyswap, a cross-chain protocol raised a $60 million financing round worth $1.2 billion led by Binance Labs today. According to the press release, the series of rounds was joined by several other well-known investors such as Sequoia China, IDG Capital, Three Arrows Capital, DeFiance Capital, Circle Ventures, Tron Foundation, Hypersphere Ventures, Primitive Ventures, Magic Ventures, and HashKey. Apart from providing support financially, the group will also be jointly involved in the project’s development at a deeper level towards the common vision for web3 adoption.

Multichain who recently rebranded from Anyswap, was initially functioning as a cross-chain decentralized exchange or DEX since its inception back in July 2020.
Then in 2021, the platform removed the DEX function in order to focus on its cross-chain bridge services.


Binance Labs, the venture capital arm of the sprawling crypto exchange, has led a $60 million investment in Multichain, a cross-chain protocol.

Sequoia China, IDG Capital, Three Arrows Capital, DeFiance Capital, Circle Ventures, Tron Foundation, Hypersphere Ventures, Primitive Ventures, Magic Ventures and HashKey all participated in the round alongside Binance Labs, according to a press release.

Formerly known as Anyswap, Multichain builds infrastructure for a range of blockchains including Ethereum, Binance Smart Chain (BSC) and Avalanche. There is more than $5 billion in total value locked (TVL) in the protocol, and it currently boasts upwards of 300,000 users.

“Multichain is a key contributor to the multi-chain future for crypto.

Инвесторы оценили проект в $1,2 млрд.

Multichain предоставляет инфраструктурные решения для 25 популярных блокчейн-экосистем, включая Ethereum, Fantom, Binance Smart Chain, Avalanche, Moonriver, Arbitrum, Polygon и Harmony.

Общая стоимость заблокированных в протоколе средств (TVL) приближается к $5 млрд. Число пользователей Multichain достигло 300 000.

«В соответствии с нашим планом по улучшению Web3, Multichain интегрирует кроссчейн-мост для NFT и наше новое решение anyCall для произвольных кроссчейн-контрактов», — говорится в блоге проекта.

Multichain также усилит интеграцию с экосистемой Binance Smart Chain (BSC), в которой он будет позиционироваться как один из рекомендованных кроссчейн-мостов.

Также стало известно, что Binance Labs инвестировала в проект BinaryX.

Finally, on December 16, Anyswap decided to rename the brand to Multichain.

As per the press release, Multichain provides cross-chain infrastructure for 25 mainstream public blockchains including Ethereum [ETH], Fantom [FTM], Binance Smart Chain [BSC], Avalanche [AVAX], Moonriver [MOVR], Arbitrum, Polygon [MATIC], and Harmony [ONE]. Besides the Total Value Locked [TVL] on the cross-chain protocol is over 300k, nearly $5 billion, with over 1,000 crypto assets circulating among different mainnets. Speaking on the latest announcement Zhaojun, the Co-founder of Multichain.

“Multichain now is the cross-chain infrastructure that connects more public blockchains and crypto-assets than anyone else, with lower transaction fees, shorter bridging time, and higher security levels.

SINGAPORE, Dec. 21, 2021 /PRNewswire/ — Multichain (previously Anyswap), the world’s leading cross chain protocol, raises a $60 million financing round at $1.2 billion valuation led by Binance Labs, joined by Sequoia China, IDG Capital, Three Arrows Capital, DeFiance Capital, Circle Ventures, Tron Foundation, Hypersphere Ventures, Primitive Ventures, Magic Ventures and HashKey. Besides backing Multichain financially, all the supporters will be jointly involved in the project’s development at a deep level to achieve the common vision for web3.

Multichain, rebranded from Anyswap, will continue with what it has achieved to date as a router protocol for Web3.

As the trailblazer of decentralized cross-chain service, Multichain provides interconnect infrastructure for 25 mainstream public blockchains including Ethereum, Fantom, Binance Smart Chain, Avalanche, Moonriver, Arbitrum, Polygon and Harmony. The Total Value Locked (TVL) on Multichain, whose number of users exceeds 300,000, is more than $5 billion, with over 1,000 crypto assets circulating among different mainnets. It is unsurpassed in terms of speed, security and decentralization.
Builders can create application layers on top of it to strengthen DeFi composability.

“Multichain now is the cross-chain infrastructure that connects more public blockchains and crypto assets than anyone else, with lower transaction fees, shorter bridging time and higher security levels.

Binance Labs, the venture capital and incubation arm of Binance cryptocurrency exchange, has led a financing round for the cross-chain protocol Multichain, previously known as AnySwap.

Multichain has secured $60 million in a preliminary fundraising round led by Binance Labs, the startup formally revealed on Tuesday, just days after rebranding from AnySwap.

Sequoia China, IDG Capital, Three Arrows Capital, Primitive Ventures, DeFiance Capital, Circle Ventures, Hypersphere Ventures, HashKey, and Magic Ventures were among the other venture capital firms and industry investors who participated in the round.

Binance is strengthening its engagement with the cross-chain protocol in addition to donating funds to Multichain.

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Binance Labs has led the Multichain’s (formerly Anyswap) cross-chain funding round, in which the company has raised $60 million.

According to the company, the fundraising has also seen the participation of Sequoia China, IDG Capital, Three Arrows Capital, DeFiance Capital, Circle Ventures, Tron Foundation, Hypersphere Ventures, Primitive Ventures, Magic Ventures and HashKey.

After the funding round, the company valuation has increased to $1.2 billion.

Multichain provides infrastructure solutions for 25 popular blockchain ecosystems including Ethereum, Fantom, Binance Smart Chain, Avalanche, Moonriver, Arbitrum, Polygon and Harmony.

The total value of funds locked in the protocol (TVL) is near $5 billion.

Binance Labs возглавила раунд финансирования кроссчейн-протокола Multichain (ранее Anyswap), который привлек $60 млн инвестиций.

📢 Major Announcement #Multichain (previously Anyswap) raises a $60M financing round led by Binance Labs @BinanceLabs @BinanceChain

We look forward to having long-standing and deep cooperation with all supporters to achieve the common vision for #web3https://t.co/J1ParrDrsc

— Multichain (Previously Anyswap) (@AnyswapNetwork) December 21, 2021

В раунде также участвовали Sequoia China, IDG Capital, Three Arrows Capital, DeFiance Capital, Circle Ventures, Tron Foundation, Hypersphere Ventures, Primitive Ventures, Magic Ventures и HashKey.

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