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LI.FI and InsurAce’s offering is nowhere near that level yet. At press time, the tool said it covered around 130 transactions, some $15,000 in value across eight different chains. The starting amount for the bridge cover fund currently stands at $200,000. “As a brand new product, we’re starting small and
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Li.Fi said that the fundraise will help them execute their long term strategy of getting more users into the Web3. In the latest development, Li.Fi – the multichain liquidity and data gateway provider – raised a total of $17.5 million in Series A fundraise co-led by crypto native investment firms
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CoinFund and Superscrypt led the round for the cross-chain bridge and decentralized exchange aggregator. Source
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The retail-facing platform uses a non-custodial setup, CEO Philipp Zentner said. Source
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