Euclid, a cross-chain liquidity infrastructure company, has completed a $600,000 Pre-seed round of financing, led by technology investment company Kahuna Network and angel investor Tomoaki Sato, with participation from angel investors related to Lavender Five, Andromeda and Nibiru.
It is reported that the funds will be used for the development of architecture and projects as well as business development, auditing and marketing; in terms of the company's business, the unification of liquidity is achieved through the creation of a single source of truth ledger through a virtual network. All Euclid integrated blockchains can be seamlessly connected to the settlement layer (Nibiru), providing the lowest slippage and the fairest price throughout the ecosystem. The framework is based on Euclid's proprietary LiquiSync model, making it easily accessible to any chain or protocol.