Wormhole Raises $225M Funding!

The post Wormhole Raises $225M Funding! appeared first on Coinpedia Fintech News

Wormhole has secured a $225 million investment at a valuation of $2.5 billion. The funding round was led by Brevan Howard, Coinbase Ventures, Multicoin Capital, Jump Trading, ParaFi, Dialectic, Borderless Capital, and Arrington Capital. Wormhole’s blockchain-to-blockchain communications technology is used to bridge assets, power oracle data feeds, and transfer non-fungible tokens. The company has processed …

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