The cross-chain liquidity network Side Protocol development company has completed a $1.5 million Pre-Seed round of financing, with participation from Hashkey Capital and others

ChainCatcher news, according to The Block, Cosmos ecosystem interoperability financial protocol Side Protocol's parent company Side Labs has completed a $1.5 million pre-seed funding round, with participation from Hashkey Capital, KR1, Continue Capital, Symbolic Capital, Informal Systems, Dora Ventures, Charles Lu, Harry Halpin, Eric Chen, Mirza Uddin, Siddhartha Dutta, and Vincent Niu.

It is reported that the new funds will be used to expand its team and ensure compliance with legal and regulatory standards, while establishing a mesh liquidity network aimed at eliminating bridges and intermediary tokens for cross-chain asset exchanges through liquidity center networks. (source link)