Mycel Completes Seed Round Funding for Cross-Chain Asset Management

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Resumen de IA

Mycel's seed funding round signals investor confidence in the growing demand for cross-chain asset management solutions. The platform's ability to connect and synchronize state machines through transferable accounts has the potential to streamline cross-chain settlements and enhance token market efficiency. This could lead to increased liquidity and reduced volatility in the crypto market, benefiting investors seeking diversification and risk management strategies.

According to Odaily, decentralized cross-chain asset management platform Mycel has announced the completion of its seed round funding on the X platform. The funding round saw participation from CV Labs, FLICKSHOT, gumi Cryptos Capital, Arriba Studio, double jump.tokyo Inc., Incubate Fund, Scott Moore, and Gavin Birch. The specific amount raised has not been disclosed.
Mycel aims to provide infrastructure for cross-chain settlements by utilizing transferable accounts (TA) to connect and synchronize state machines. This technology is designed to accelerate the optimization of token market prices.

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Mycel Completes Seed Round Funding for Cross-Chain Asset Management

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