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Union raises $12m in Series A funding

Dover based cross-chain zero-knowledge settlement layer raised $12m in Series A funding led by Gumi Cryptos Capital.

Union is also interested in building in the Bitcoin ecosystem, “addressing the chain’s scripting limitations to enable secure asset transfers across Bitcoin L2s and the multichain ecosystem, enhancing DeFi on Bitcoin,” the team said in a press release.

Tags

defi, crypto, blockchain