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Analog Raises $16M in Funding for Cross-Chain Project, Reaching $120M Valuation
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Analog has raised $16 million in the latest funding round to develop its cross-chain communication tools at a valuation of $120 million.
According to a recent social media post by Analog, the funding round led by Tribe Capital has funneled $16 million to Analog. The company plans to utilize the fund for blockchain interoperability.
“We’re excited to continue building the next generation of cross-chain communication tools with such incredible support from our partners,” the post read.
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