$100-250k
Platform for connecting apps across blockchains
Open for applications
Platform for connecting apps across blockchains
1-20 employees
Open for applications
$100-250k
1-20 employees
To accelerate applications towards the interchain singularity.
Desirable
Cryptocurrencies have proliferated and grown so much over the last decade, providing an alternative to traditional forms of financial asset. But as they’ve grown, the blockchains supporting them have sprung up completely independently, with very little ability for connectivity or transfer between them. This is where Hyperlane comes in, with its platform offering to help developers connect applications across blockchains.
Connection could already be made, through cross-chain bridges which support the movement digital assets from one chain to another, but these are often weak and targeted by hackers, resulting in $2 billion in losses each year. Hyperlane offers new tools with the enhanced security to make these connections safely.
The company is pioneering in its approach, and has attracted attention for creating the possibility of launching cryptocurrency into a new, more universal era. Funding is being focused on expanding the team as well as development of product security.
Freddie
Company Specialist
Sep 2022
$18.5m
SEED
Civic Center, New York, NY
Founders
Asa Oines
(Co-Founder)Former Software Engineer at Google and at cLabs.
Nam Chu Hoai
(Co-Founder)Previously founded Credport and was Global Entrepreneur in Residence at the Venture Development Center at UMass Boston. They also worked as a Software at both Wellframe and cLabs.
Jon Kol
(Co-Founder)Previously worked at Morgan Stanley and Galaxy Digital.
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