Cross-Chain Liquidity Protocol LI.FI Raises $29M in Series A Extension
Summary
LI.FI, a Berlin-based protocol providing infrastructure for onchain swaps and cross-chain bridges, announced it raised a $29 million Series A extension, led by Multicoin Capital and CoinFund. This funding brings the company's total raised capital to $51.7 million, following a previous $17.5 million Series A in May 2023. LI.FI acts as a universal liquidity layer, aggregating third-party bridges and decentralized exchanges behind a single integration for developers. The company plans to use the new capital for expansion, hiring, and developing new features, including infrastructure for AI agents and stablecoin use cases. Furthermore, LI.FI is preparing to launch an open intent and solver marketplace in Q1 2026. The protocol supports major platforms like Robinhood and Binance, and its monthly processed volume grew significantly over the past year, with lifetime transaction volume surpassing $60 billion.
(Source:CoinDesk)