Polkadot Ecological Interoperability Protocol t3rn Completes $6.5M Funding Led by Polychain

According to The Block, t3rn, a Polkadot-based blockchain interoperability protocol, completed $6.5 million in private equity financing in the form of SAFT (Simple Agreement for Future Tokens), led by Polychain Capital, with participation from Huobi Ventures, Figment Capital, Blockchange Ventures, and Lemniscap. cast. So far, t3rn’s total financing amount has reached 8 million US dollars. Last year, it raised 1.5 million US dollars in the seed round led by Polychain Capital. t3rn will start to provide cross-chain transactions across the Polkadot ecosystem and other ecosystems in 2020, and will soon Launched on the mainnet, the goal is to go live as a Polkadot parachain in the first quarter of next year, supporting blockchains across consensus mechanisms and programming languages, including Ethereum Virtual Machine, Solidity, and Ink.