Glacis Labs Completes $2.1 Million Seed Round Led by Arrington Capital and Paper Ventures

Glacis Labs, a cross-chain messaging protocol, announced the completion of a $2.1 million seed round of financing on the X platform. Arrington Capital and Paper Ventures led the investment, with participation from Bitscale Capital, Protagonist, Edessa Capital, as well as angel investors Collion Myers, Luke Youngblood.eth, and Steven Kokinos. The valuation information has not been disclosed. It is reported that Glacis is a multifunctional protocol that can be used for cross-chain messaging, and developers can use Glacis to define the security requirements and routing logic for messages sent across different blockchain networks.