Mayan Secures $3M in Seed Funding for Cross-Chain Protocol Development

In a recent seed funding round, Mayan, an up-and-coming player in the field of cross-chain auction protocols, raised $3 million. This investment was spearheaded by Borderless Capital and 6th Man Ventures, indicating their belief in Mayan’s groundbreaking use of blockchain technology.

With this latest funding round, Mayan reaches an important achievement, opening up opportunities for advancements in its multi-chain auction system.

Expanding Blockchain Horizons

Several significant investors in the blockchain industry, such as Solana Ventures, Hash3, Big Brain Holdings, and Arrington Capital, made substantial investments during the funding round.

Exciting news to share! Today marks the launch of our funding round, jointly spearheaded by 6MV and Borderless Capital, along with esteemed industry figures Anatoly Yakovenko from Solana and Saeed Badreg of Wormhole among others. A heartfelt appreciation goes out to our investors and supporters for trusting in our mission.

— Mayan Gates of Solana (@MayanFinance) April 11, 2024

Investments in Mayan highlight the industry’s belief in its ability to transform cross-chain transactions. This protocol, constructed on the Solana network, aims to simplify the execution of transactions between various blockchains, ultimately securing the most favorable rates for users.

Moving forward, Mayan plans to launch a new interaction-boosting reward system for its users. This action underscores Mayan’s dedication to its community and its goal to streamline and simplify multi-chain transactions.

To enhance its role in the blockchain world and cater to more digital assets like NFTs, Mayan is ready to bring about a major improvement in the web3 user experience.

A recent financial investment in it signifies faith in its upcoming projects in the fast-changing world of blockchain technology.

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2024-04-11 19:32