Cross-Chain Infrastructure Protocol LI.FI Raises $5.5M with Participation from Dragonfly Capital and Others

Cross-chain infrastructure protocol LI.FI announced that it has closed a $5.5m funding round led by 1kx, with participation from Dragonfly Capital, Coinbase Ventures, Lattice Capital and others. The fund raised will be used to help expand the LI.FI ecosystem through marketing and an expansion to additional blockchains. LI.FI offers a software development kit (SDK) that aggregates bridges and decentralized exchanges across 14 different blockchains.