Router Protocol Raises $4.1M to Bridge EVM and Non-EVM Chains

Router Protocol Raises .1M to Bridge EVM and Non-EVM Chains
Router Protocol, a project aimed at connecting multiple blockchains, has raised a $4.1 million funding round.Router, which raised $485,000 of seed funding last year, now has the backing of Coinbase Ventures, QCP, De-Fi Capital, Polygon, Wintermute, Shima, Woodstock and Bison Ventures.As the blockchain universe matures, liquidity is at risk of being fragmented across a raft of chains such as Avalanche, Polygon, Solana, Terra and Algorand.“Rapid growth of various blockchains means the need of the hour is the ability for these to talk to each other through bridges and other forms of connectivity,” said Router CEO Ramani Ramachandran. “Our unique selling…