Cross-chain infrastructure provider OneBalance has secured $20 million in Series A funding to advance its mission of simplifying Bitcoin interoperability across blockchain networks. The investment round attracted participation from prominent venture firms including cyber•Fund, Blockchain Capital, and Bybit’s Mirana Ventures.
Central to OneBalance’s solution is its proprietary Resource Locks technology, which enables parallel processing of cross-chain transactions. This approach reduces processing times by up to 40% compared to traditional sequential confirmation methods while consolidating user balances across chains into a unified spendable balance.
The platform eliminates the need for separate gas tokens on different networks, streamlining transaction workflows. During closed beta testing with partners including DSX, Vooi, and Spritz Finance, OneBalance successfully facilitated native Bitcoin-to-EVM swaps. The company plans to expand support to Solana and additional networks in the near future.
Investors highlighted OneBalance’s potential to unify fragmented liquidity pools and userbases across blockchain ecosystems. CEO Stephane Gosselin emphasized the company’s focus on abstracting blockchain complexity: “Our technology enhances accessibility for both retail users and developers by removing operational friction in cross-chain interactions.”