Interoperability Project Analog Raises $15M to Unify Liquidity Across Blockchains
Analog, a blockchain project focused on enhancing liquidity across various networks, has successfully raised $15 million through a token sale, bringing its total backing to $36 million, thanks to digital asset financier Bolts Capital. The project aims to develop interoperability tools, including the Omnichain Analog Token Standard (OATS), which facilitates asset transfers across blockchains, and Firestarter, a marketplace for tokenizing real-world assets (RWAs) like real estate and collectibles. The tokenization of RWAs is gaining interest among traditional financial institutions, yet fragmented liquidity remains a barrier to the broader adoption of these technologies. By addressing this challenge, Analog seeks to pave the way for greater interoperability and liquidity within the blockchain ecosystem.
Source 🔗