Router Protocol has completed a new round of financing, and the new funds will be used for the Layer1 blockchain Router Chain.

according to Decrypt, the cross-chain interoperability protocol Router Protocol has announced the completion of a new round of financing, with the specific amount not disclosed. The new funds will be used to promote its operational Layer1 blockchain Router Chain, thereby distancing itself from the Binance and Polygon ecosystems. It will also support its provision of cross-chain services for Ethereum and BNB Chain, and expand cross-chain capabilities to more networks.