Cross-Chain Communication Protocol Nomad Closed $22 Million Seed Round Led by Polychain Capital

Nomad, a cross-chain communication protocol, has closed a $22 million seed round led by Polychain Capital with participation from 1kx, Ethereal, Hack VC, Circle Ventures and others, at a post-round valuation of $225 million. The funds raised will be used to grow the team, increase awareness of Nomad, and bring security-first interoperability to more ecosystems. Nomad is an interoperability solution that aims to improve the security of cross-chain messaging through an Optimistic mechanism.