Interoperability protocol Stripchain completes $10 million in financing
The interoperability protocol Stripchain has completed a $10 million financing round, led by Sora Ventures, with participation from Hyperithm, Shima Capital, Hypersphere, Mechanism, and Ascensive Assets. The startup enables developers to create commands called "intents" to perform operations such as transferring data between blockchains. Based on a system called stripVM, it will allow applications to communicate and coordinate with different protocols.
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