Skyland Ventures Co., Ltd.
Skyland Ventures participates in Layer2 cross-chain bridge protocol Owlto Finance funding round
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Skyland Ventures (Headquarters: Shibuya-ku, Tokyo, General Partner / CEO: Yoshihiko Kinoshita, hereinafter SV), a venture capital fund that mainly invests in seed startups, participated in the funding round of Layer2 cross-chain bridge protocol Owlto Finance. I will announce that.
[Image 1: https://prtimes.jp/i/8324/180/resize/d8324-180-ab7bfaed8c0e7cf16639-0.png&s3=8324-180-6c96ab59e96afb85fd155d1701d1bbe3-808×454.png ]
What is Owlto Finance?
Owlto Finance is a cross-chain bridge protocol that comprehensively supports L2 token bridging. Projects based on the Ethereum ecosystem have the problem that the more they increase, the higher the transaction fees for the ecosystem will be. As a result, various Ethereum L2 rollup scaling solutions have emerged, including Arbitrum One, Optimism, zkSync, StarkNet, Linea, Base, Scroll, Taiko, Polygon zkEVM, and opBNB. Also, in the BTC ecosystem, many L2s (BTC L2) that are compatible with EVM have appeared. Due to these phenomena, users’ requests for asset transfer are increasingly increasing.
This creates a need for user-friendly, secure and cost-effective asset transfer tools. Owlto Finance’s future roadmap includes not only providing services for individual users, but also supporting large assets for institutions, creating a smooth experience using AI and intent, and approaching the EigenLayer ecosystem and its usefulness. We are aiming to expand.
Website: https://owlto.finance
Twitter: https://twitter.com/Owlto_Finance
Discord: https://discord.gg/owlto
Medium: https://owlto-finance.medium.com/
Github: https://github.com/owlto-finance/
Guide: https://docs.owlto.finance/
Eco page: https://owlto.finance/ecosystem
Comments from each stakeholder
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Krystal, Co-founder of Owlto Finance
Skyland Ventures’ invaluable support in Owlto Finance speaks to their belief in our potential to revolutionize the fragmented Web3 world. We’re grateful for their extensive experience and professionalism in investing and guiding Web3 projects, which will help us realize our goals and establish us to become the best bridge. We are confident that together we will forge ahead and redefine the future of Web3. (Japanese translation)
Skyland Ventures’ valuable support to Owlto Finance is a demonstration of their belief in our potential. We are deeply grateful for their extensive experience and professionalism in investing in and guiding Web3 projects. This has helped us achieve our goals and position ourselves as the best bridge protocol. We are confident that together we will move forward and redefine the future of Web3.
[Image 3: https://prtimes.jp/i/8324/180/resize/d8324-180-1cc059fdbadede4b700b-0.jpg&s3=8324-180-ccedc7e80634de9699bfdd8cf782d0fc-400×400.jpg] Yuan Xiao Hang, General Partner and CSO of Skyland Ventures
We are proud to have invested in this project. Owlto Finance has the potential to meet industry expectations by providing high performance, security, compatibility, and superior user experience in cross-chain bridging solutions. With its innovative approach and strong roadmap, we have high expectations for future growth and success.
[Image 4: https://prtimes.jp/i/8324/180/resize/d8324-180-13c3c3d3788fe515be57-0.png&s3=8324-180-e8942d899eeb34ae93953835624208af-509×512.png ]
Yonkuro, Principle of Skyland Ventures
Owlto Finance is attractive because it provides a user-friendly experience with an emphasis on speed of response to new projects and safety. Looking at the roadmap, I saw great potential as a cross-chain bridge protocol in the team’s ability to capture trends and execute. We will continue to support Owlto Finance’s expansion into the Japanese market through the community.
About Skyland Ventures
Skyland Ventures (SV) is a venture capital (VC) fund that primarily makes seed startup investments. With the mission of “The Seed Maker. & Unlearning.”, we conduct equity and token investments to provide seed money to startups that will have a major impact on the technology industry. So far, we have invested in approximately 150 companies, mainly startups in Japan. From 2022 onwards, we will focus on investing in startups in the Web3 (Crypto/NFT/Blockchain) and Generaltive AI fields.
Company name: Skyland Ventures (Representative: Yoshihiko Kinoshita) Address: Sakuragaoka Front Building II, 16-13 Sakuragaoka-cho, Shibuya-ku, Tokyo URL: https://skyland.vc
Twitter: https://twitter.com/skylandvc
YouTube: https://www.youtube.com/channel/UCpQ0_31ALEoIDGkDIBRuwUQ
Press Kit: https://www.notion.so/skylandventures/Skyland-Ventures-Pres-Kit-821339adc9df435c8dbd5ea4ee2426fe
This article has been partially generated with the assistance of AI.