Cross-chain protocol Socket Protocol completes $5 million in financing, with Coinbase Ventures and Framework Ventures participating

Odaily News Cross-chain protocol Socket Protocol announced the completion of US$5 million in financing, with participation from Coinbase Ventures and Framework Ventures. Socket aims to enable L1 blockchains to connect more L2 or rollups, and the new funds will be used to expand Socket’s cooperation with Coinbase, including providing cross-chain services for developers and users of the Coinbase Wallet and Base network. (CoinDesk)