CORRECTION: Router Protocol Launches Mainnet Following Successful $4 Million Raise
SINGAPORE, Feb. 02, 2022 (GLOBE NEWSWIRE) -- Cross-chain communication infrastructure project, Router Protocol , announces the launch of its mainnet, a few weeks after a successful funding round in which Router raised over $4 million from marquee investors including Coinbase Ventures, Alameda Research, QCP, Polygon, and Wintermute.
- SINGAPORE, Feb. 02, 2022 (GLOBE NEWSWIRE) -- Cross-chain communication infrastructure project, Router Protocol , announces the launch of its mainnet, a few weeks after a successful funding round in which Router raised over $4 million from marquee investors including Coinbase Ventures, Alameda Research, QCP, Polygon, and Wintermute.
- The mainnet launch follows a successful period of development and testing on the protocol's incentivised testnet showcasing its XCLP (Cross-chain Liquidity Protocol), which received feedback from 3,000 community members.
- In addition, the Router team has already begun work on the cross-chain communication platform's v2 upgrade, which will take place later in 2022.
- Router Protocol was founded in 2020 by Ramani Ramachandran, Shubham Singh, Chandan Choudhury, and Priyeshu Garg.