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Polkadot-Based Protocol t3rn Raises $6.5 Million in Strategic Funding Round

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t3rn, a Polkadot-based blockchain interoperability protocol that aims to facilitate cross-chain transactions, has raised $6.5 million in a strategic funding round.

Polychain Capital led the round, with Huobi Ventures, Figment Capital, Blockchange Ventures, Lemniscap and others participating, t3rn announced Thursday. The funding was secured via a simple agreement for future tokens (SAFT), t3rn founder and CTO Maciej Baj told The Block.

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