The Bitcoin cross-chain bridge XLink has completed its first round of financing, led jointly by ForesightX and the Bitcoin Frontier Fund

ChainCatcher message, the Bitcoin cross-chain bridge XLink developed by AlexLab has completed its first round of financing, led by Foresight X, Bitcoin Frontier Fund, Bitcoin Lab, and LK Venture, with participation from Avid3, BlockBooster, Cypher Capital, Gate Labs, GSG, Incuba Alpha, Kucoin Ventures, Kyros Ventures, and Oak Grove Ventures.

It is reported that since its launch on December 1, 2023, XLink has achieved a total cross-chain transaction volume of 60 million USD. In addition, XLink has launched its community reward program through the XLink referral system and points system, and will use the XLNK token as an incentive.