The trusted account framework project OneBalance has completed a $20 million Series A financing, led by Cyber Fund and others

according to The Block, the trusted account framework project OneBalance announced the completion of a $20 million Series A funding round, led by Cyber Fund and Blockchain Capital, with participation from Mirana Ventures and L2IV. To date, its total funding has reached $25 million.

OneBalance is a new framework for trusted accounts, combining chain abstraction, gas abstraction, and permission management to address the fragmented Web3 user experience.