Interoperability Project Analog Raises $15M to Unify Liquidity Across Blockchains
Powered by @unfolded- Analog, a blockchain project focused on enhancing liquidity across various networks, has raised $15 million through a token sale, bringing its total funding to $36 million.
- The funding was completed by Bolts Capital, and Analog plans to develop interoperability tools, including the Omnichain Analog Token Standard (OATS) for asset transfers across blockchains.
- Additionally, Analog is launching Firestarter, a marketplace aimed at tokenizing real-world assets such as real estate and collectibles.
- The project addresses the challenge of fragmented liquidity in multiple ecosystems, which poses a barrier to broader adoption of blockchain technology by traditional financial institutions.