Universal Project Introduction, Team, Financing and News

Performances

Comparison

Event Calendar

Feb 19, 2025

Universal raised $ 9 M in funding round

Sep 19, 2026

Universal announces it will cease operations.

Team

Gaut

Co-Founder

Jun Ho Hong

Core Contributor

Austin Diamond

Core Contributor

Fundraising

LeadAAndreessen Horowitz CCoinbase Ventures

FFour Cities Capital

DData Tech Fund

Round	Amount	Valuation	Date	Source	Investor
--	$ 9M	--	Feb 19, 2025		aa16z Frontier CCoinbase VenturesFFour Cities CapitalDData Tech Fund

Related News

Sep 20, 2026

The cross-chain asset protocol Universal Protocol announced its shutdown, having previously received $9 million in investments from a16z Crypto and others

Follow Updates

Details

Universal is a protocol that issues cross-chain wrapped assets (uAssets) backed 1:1 by real assets. It enables minting and redemption through authorized Merchants and regulated Custodians, solving the liquidity fragmentation problem of traditional bridges. uAssets exist natively on multiple chains (e.g., Base, Solana), allowing non-smart-contract assets like BTC and DOGE to enter the DeFi ecosystem directly. Its JIT (Just-in-Time) liquidity mechanism mints assets on demand, improving capital efficiency. Users interact with Merchants via API or SDK for cross-chain trading and swaps.

Tags:

DeFi

Interoperability

Ecosystem(1):

Base

Founded:

2024

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