Across Protocol Raises $41 Million Led by Paradigm, Bain Capital Crypto, and Coinbase Ventures for ACX Token to Enhance Ethereum Interoperability

Across Protocol has successfully raised $41 million in a token sale for its ACX token, with investment led by Paradigm. The funding round also saw participation from notable investors including Bain Capital Crypto, Coinbase Ventures, and Multicoin Capital.

The initiative aims to enhance interoperability within the Ethereum ecosystem, positioning Across Protocol as a leader in bridging Web2 and Web3 technologies. This development follows the company's reputation for pioneering intent-based interoperability, which has contributed to its popularity as a crypto bridge.

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