Zurich, Switzerland, June 25th, 2024,
Chainwire
ENSO, the world's first intent engine powering
chain abstraction, and intent-centric future, announced today the
successful closure of a $4.2+ million funding round. The funds will
be used for continued product development, with their L1
cosmos-based blockchain to be launched this year.
The round had participation from Ideo Ventures, Hypersphere, and
60+ angels from: Safe, Socket, Titan, Essential, Sygnum, TheGraph,
Alchemix, Biconomy, Yearn, Squid, Liquity, Pendle, Everclear,
Flashbots, Dune, and many more.
ENSO tooling has facilitated over $11 billion in on-chain
settlements within the past year, serving more than 35 projects
currently in production. This funding enhances ENSO's efforts to
expand its infrastructure capabilities and support further adoption
across DeFi and blockchain applications.
"We're thrilled to have the support of Ideo Ventures,
Hypersphere, and an exceptional group of angels as we embark on our
next phase of growth," said Connor Howe of ENSO. "This funding
validates our vision to transform blockchain interactions and
underscores the confidence in our technology from both
institutional backers and the angels involved."
ENSO is the connectivity layer of crypto. Connecting all
ecosystems within one network, enabling application developers and
users to express their desired outcome as an intent, allowing truly
composable applications to be built without the necessity of
building manual integrations
About ENSO
ENSO is a leading provider in the blockchain infrastructure
space, enabling efficient and secure on-chain transactions for DeFi
and blockchain applications. With over $11 billion enabled to be
settled on-chain within the past year and a growing list of
projects, ENSO is transforming blockchain interactions with
intents.
Contact
CEO
Connor
Howe
Connor@enso.finance