We're excited to announce our $20m Venture Round co-led by @cyberfund and @bcap with participation from @mirana and @l2iterative, bringing our total funding to $25m
We're also launching the simplest and most reliable way to get your users onchain with our Toolkit!
If you have funds in OneApp, you can log in and withdraw them here: https://t.co/HOoEAW6VX6
Please complete your withdrawal before June 30 at 23:59 UTC. If you run into any issues, contact us by email and we’ll help.
We’re sunsetting OneApp, and all users should withdraw their funds before June 30 at 23:59 UTC.
After that date, OneApp and the legacy infrastructure supporting it will be shut down.
If you have funds in OneApp, please log in and complete your withdrawal before the deadline.
If you experience any issues, contact us at [email protected] and we’ll help you through the process.
We strongly encourage all users to take action well before June 30.
We’re deprecating the infrastructure behind our Chain Abstraction Toolkit on May 18 at 23:59 UTC. Since its inception, the toolkit helped demonstrate what chain abstraction can look like in production.
We showed that cross-chain UX could feel dramatically better. Through Resource Locks we enabled users to go from native BTC to any asset on any L2 in seconds, despite ~12 minute Bitcoin block times.
We also saw strong teams ship fast using our stack. Dexari went live on OneBalance in under two weeks, and processed $1.375B in volume in its first 30 days. It proved that our product worked, the UX improvements were real, and that chain abstraction was not just theoretical.
Over the last 6 weeks, we’ve been working closely with customers and partners to ensure a smooth transition. @zerion will support the data layer and @RelayProtocol will handle the transaction execution, with migration resources directly available .
We’re grateful to the teams that built with us early and we’re closing this chapter with conviction about our future. Stay tuned for updates about what we’re building next 🚀
Today, we have transitioned our Discord to a read-only announcements channel.
The quickest and easiest way to get in touch with the team is to create a ticket in Intercom using our docs or send us a message here.
We're excited to share that @thegostep will be speaking at @thestablecon EMEAs later this year!
We'll be joining an incredible lineup in Amsterdam on the 19-20 May to discuss what's next for stablecoins
We're looking forward to seeing you there!
Your stablecoins shouldn't care what chain they're on
Blockchain complexity is holding back adoption
@tryavvio fixes this. Powered by OneBalance
Join their waitlist to experience the future of ux built on crypto rails
https://t.co/1zBy7CUaHZ
Your USDC is on Ethereum.
Your recipient is on Solana.
You bridge. You buy gas. You wait. They receive 97% of what you sent.
Why does this happen?
Chains are isolated. You need different tokens for gas on each one. Bridges take a cut. There's no way to move money without friction.
It's not a bug. It's how the system works currently.
Avvio removes the manual part: one balance across supported networks. You send. They receive. The system handles the chains.
How many networks is your money scattered across?
Meet the team at @DAF_Global this week!
We're here to help scale your use cases with fast and reliable cross-chain transactions for stablecoins and digital assets!
let's chat at @DAF_Global this week if you're building on crypto rails and value speed and reliability
@OneBalance_io is the execution layer for crypto, delivering reliable cross-chain transactions with T+0 settlement without compromising on capital efficiency
Institutional interest in crypto has never been higher
But neither have the levels of fragmentation...
If we fix this and abstract the complexities, our industry can finally achieve its promise
We're building this solution
https://t.co/qW1eieDFSp
We're still hiring for this role!
Help us expand into traditional financial institutions that are crying out to integrate stablecoins and digital assets across their products, and want a fully abstracted experience
We're hiring a Senior Business Development Manager to help us expand our efforts into traditional financial institutions that want to offer products for stablecoins and digital assets
Being based in New York is preferred
https://t.co/7EWIe46FFX
Hundreds of billions in stablecoins issued...
...fragmented across different networks
If only there were a way to aggregate these stablecoins into a single spendable balance, or fiat balance, without any blockchain complexity
Possible, but only with OneBalance
Hundreds of billions in stablecoins issued...
...fragmented across different networks
If only there were a way to aggregate these stablecoins into a single spendable balance, or fiat balance, without any blockchain complexity
Possible, but only with OneBalance