Magpie Protocol Raises $3M in Seed Round Led by Jump Crypto

Cross-chain liquidity aggregation protocol Magpie Protocol announced that it has closed a $3m seed funding round led by Jump Crypto, with participation from Sandeep Nailwal, GSR Markets, Parafi Capital, Republic Capital and others. Magpie Protocol aims to provide a secure and fast solution for cross-chain asset swaps. It's compatible with Ethereum, Polygon, Avalanche and BNB Chain, and plans to expand to other blockchains like Fantom and Solana.