Analog, a leader in blockchain interoperability with its Proof of Time protocol, has successfully closed a $5 million funding round. This latest investment brings Analog’s total funding to $21 million as the company gears up for its public token sale. The cumulative funding, which includes both seed and subsequent rounds, highlights strong investor trust in Analog’s mission to facilitate seamless cross-chain interactions and improve web3 data access. Prominent investors such as Tribe Capital, Balaji Srinivasan, Wintermute, and Mask Network took part in the latest round. Initially incubated by Binance, Analog also attracted investments from Foresight Ventures, Near Foundation, Contango Digital, Outliers Fund, GSR, NGC Ventures, alongside several angel investors. With the $21 million secured, Analog is valued at a $300 million fully diluted valuation (FDV) as it prepares for its Token Generation Event (TGE). The company plans to use the private funds to speed up the development of its technology stack, including the General Message Passing (GMP) protocol and tools aimed at developers. These advancements are set to support the creation of decentralized applications (dapps) that operate smoothly across multiple blockchains. Analog serves as a comprehensive solution for cross-chain applications, enabling developers to build and deploy dapps that function across various blockchain networks. The Analog SDK currently supports EVM and Polkadot chains, with upcoming integrations for Solana and TON, making it easier to develop new omnichain applications. Demonstrating its cross-chain capabilities, Analog has developed Zenswap, a decentralized exchange (DEX) that leverages its proprietary technology. Zenswap allows users to swap assets across different blockchains, utilizing USDC-based liquidity routing on networks such as TON, Solana, and Bitcoin. The company has forged partnerships with innovative projects like Rarible, Pixelport, Zenswap, Belong Network, XYO, Meson Network, Dmail, and StationX, reinforcing its status in the blockchain infrastructure space. Currently, over 50 projects are either building on or committed to using Analog’s protocol. Additionally, the testnet has attracted more than 345,000 accounts, setting the stage for the mainnet launch. Analog aims to address key challenges in web3, including fragmentation, inefficiency, and limited cross-chain functionality. The GMP protocol allows developers to create interoperable dapps with features such as omnichain DEX trading, NFT minting, and liquidity aggregation. As the blockchain industry shifts towards multi-chain ecosystems, Analog is well-positioned to lead this transition with its scalable and developer-friendly platform. The company’s focus on enhancing interoperability while maintaining security and efficiency is crucial for attracting institutions, developers, and users to the decentralized economy. Don’t forget to like and share the story! Vested Interest Disclosure: This author is an independent contributor publishing via our business blogging program. HackerNoon has reviewed the report for quality, but the claims herein belong to the author. #DYOR Analog , a leader in blockchain interoperability with its Proof of Time protocol, has successfully closed a $5 million funding round. This latest investment brings Analog’s total funding to $21 million as the company gears up for its public token sale. The cumulative funding, which includes both seed and subsequent rounds, highlights strong investor trust in Analog’s mission to facilitate seamless cross-chain interactions and improve web3 data access. Prominent investors such as Tribe Capital, Balaji Srinivasan, Wintermute, and Mask Network took part in the latest round. Initially incubated by Binance, Analog also attracted investments from Foresight Ventures, Near Foundation, Contango Digital, Outliers Fund, GSR, NGC Ventures, alongside several angel investors. Analog With the $21 million secured, Analog is valued at a $300 million fully diluted valuation (FDV) as it prepares for its Token Generation Event (TGE). The company plans to use the private funds to speed up the development of its technology stack, including the General Message Passing (GMP) protocol and tools aimed at developers. These advancements are set to support the creation of decentralized applications (dapps) that operate smoothly across multiple blockchains. development Analog serves as a comprehensive solution for cross-chain applications, enabling developers to build and deploy dapps that function across various blockchain networks. The Analog SDK currently supports EVM and Polkadot chains, with upcoming integrations for Solana and TON, making it easier to develop new omnichain applications. Demonstrating its cross-chain capabilities, Analog has developed Zenswap, a decentralized exchange (DEX) that leverages its proprietary technology. Zenswap allows users to swap assets across different blockchains, utilizing USDC-based liquidity routing on networks such as TON, Solana, and Bitcoin. The company has forged partnerships with innovative projects like Rarible, Pixelport, Zenswap, Belong Network, XYO, Meson Network, Dmail, and StationX, reinforcing its status in the blockchain infrastructure space. Currently, over 50 projects are either building on or committed to using Analog’s protocol. Additionally, the testnet has attracted more than 345,000 accounts, setting the stage for the mainnet launch. Analog aims to address key challenges in web3, including fragmentation, inefficiency, and limited cross-chain functionality. The GMP protocol allows developers to create interoperable dapps with features such as omnichain DEX trading, NFT minting, and liquidity aggregation. As the blockchain industry shifts towards multi-chain ecosystems, Analog is well-positioned to lead this transition with its scalable and developer-friendly platform. The company’s focus on enhancing interoperability while maintaining security and efficiency is crucial for attracting institutions, developers, and users to the decentralized economy. Don’t forget to like and share the story! Don’t forget to like and share the story! Vested Interest Disclosure: This author is an independent contributor publishing via our business blogging program. HackerNoon has reviewed the report for quality, but the claims herein belong to the author. #DYOR Vested Interest Disclosure: This author is an independent contributor publishing via our business blogging program . HackerNoon has reviewed the report for quality, but the claims herein belong to the author. #DYOR Vested Interest Disclosure: business blogging program business blogging program

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Analog Secures Key $5M Investment to Boost Web3 Cross-Chain Capabilities

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