OneBalance Raises $20 million to Boost Cross-Chain Tech

- Cyber Fund and Blockchain Capital spearhead a $20 million investment. - Funding will enhance OneBalance’s cross-chain infrastructure and workforce. On June 11, 2025, The Block reported that Cyber Fund and Blockchain Capital spearheaded a $20 million Series A round for cross-chain firm OneBalance, raising OneBalance's total funding to $25 million. Mirana Ventures and L2IV also participated in this round, according to The Block. The Block further reported that the new funding will enable OneBalance to expand its workforce and further develop its cross-chain integration product, Toolkit. This product facilitates seamless cross-chain transactions for users, allowing them to transfer assets and earn yield without managing bridges or gas fees. As part of this investment, Spencer Bogart, a general partner at Blockchain Capital, will join OneBalance's board of directors, The Block also noted. The leadership team at OneBalance, as detailed by The Block, includes CEO and co-founder Stephane Gosselin, who also co-founded Flashbots; Daniel Worsley, the COO, previously the operations lead at Flashbots; and Ankit Chiplunkar, the CTO, formerly a smart contract engineer at Coinbase. The Block also mentioned that in June 2024, OneBalance raised $5 million in seed funding, with Consensys, Wintermute, Cobie, and others participating in that round. On June 11, Tech Funding News also reported on this funding round. On June 11, Tech.eu reported on the funding as well. On June 11, crypto.news covered the Series A round. On June 11, Cointelegraph reported on OneBalance's $20 million raise, and on June 11, BlockBeats also announced the funding news. According to CoinMarketCap on June 11, Ethereum (ETH) was trading at $2,763 as of 12:00 UTC, and its 24-hour trading volume had increased by 1.4%.