Today, we're excited to share that Across has raised $41M in a token sale led by Paradigm. Other participants in the funding round include Bain Capital Crypto, Coinbase Ventures, Multicoin Capital, and angel investor Sina Habinian. This milestone wouldn't have been possible without our community's support and belief in our vision for a unified Ethereum ecosystem.
Why This Matters for Web3
Ethereum's Layer-2 scaling solutions have dramatically improved scalability and reduced transaction costs, but they've also fragmented liquidity and complicated user experience.
Users juggle multiple chains, manage different versions of the same tokens, and deal with disconnected environments—a far cry from the seamless experience web3 needs for mass adoption.
Our answer to this challenge is Intents, the idea that users don’t need to manage complex crosschain operations; they should be able to express what they want to achieve while the underlying infrastructure handles the rest. This paradigm, in turn, makes crosschain interactions as seamless as single-chain transactions.
Our goal from inception is to accelerate the transition to seamless crosschain experiences when users move between two chains. Our north star has always been two-second-bridging, no matter how many chains are involved. This latest raise further empowers us to achieve that vision.
Our Vision in Action
The recent launch of ERC-7683, co-authored with Uniswap Labs, marks a significant step toward standardizing crosschain intents. ERC-7683 is a universal standard that allows web3 apps to express complex multi-step crosschain transactions as a single user request that is executed by a shared network of relayers. This standard is already gaining traction, with support from major L2s, including Arbitrum, Base, and Optimism.
Our momentum is building rapidly. We've recently integrated with major platforms, including Kraken's Ink, Sony's Soneium, and Hyperliquid. Our most recent launch on Uniswap's Unichain as a Day-1 bridge further expands our reach. With over 40 dApps now building on Across and cumulative bridging volume exceeding $17B, we see strong validation of our approach to crosschain interoperability.
The Road Ahead
This new funding will accelerate our mission to make Ethereum feel like one unified chain.
Our roadmap focuses on three key areas:
Continuous improvement of our core bridging infrastructure—making it faster, cheaper, and even more secure
Deeper integrations across the ecosystem to expand crosschain capabilities
Technical advancements in crosschain intent execution
The future we envision is one where users don't need to think about which chain they're on. Whether you're trading on Arbitrum, staking on Optimism, or chasing the hottest narrative on Base, it should feel like you're operating on a single, unified Ethereum.
Join Us
As we enter this next phase of growth, we're more committed than ever to our vision of a unified Ethereum ecosystem. The future of Ethereum is unified, and we're building it together.
Join our Discord community to stay updated on our progress.
