Interoperability may be a hard word to say but it’s an easy one to sell to web3 VCs. The need to connect siloed blockchain ecosystems has been one of the industry’s most pressing pain points for years and 2025 seems like being the year when tangible progress is finally made in this domain. The latest startup to have caught the attention of web3 VCs, Analog, looks the likeliest to succeed in cracking the interoperability challenge. Particularly now it’s got an additional $5M to fund its operations.
Analog Brings Total Raise to $21M
A shortage of solutions for seamless interaction between blockchains limits the true promise of web3 as a fully interconnected digital economy. Particularly now that new blockchains are being deployed faster than the cryptosphere can bridge to them. Analog believes its tech can solve this problem, and so do its investors. The recent announcement of a $5M funding round, bringing its total funding to $21M, highlights the confidence investors have in Analog’s vision to create a more connected web3 ecosystem.
Analog’s total funding, which values the project at a $300M fully diluted valuation, places it on track to ameliorate interoperability challenges, particularly concerning the inability for assets to move freely between chains. The funding will accelerate the development of Analog’s innovative tech stack, including its General Message Passing (GMP) protocol and developer-centric tools. These tools empower developers to create omnichain decentralized applications capable of operating seamlessly across multiple blockchains.
Making Web3 Work as One
Analog has a lot of ideas up its sleeve as to how it can bring blockchains closer together. Its initial focus includes things such as omnichain DEX trading, streamlining NFT minting across chains, and aggregating liquidity from multiple blockchains.
With support for EVM and Polkadot already in place and Solana and TON still to come, Analog’s Software Development Kit (SDK) is already empowering developers to build multi-chain solutions. Future integrations will further expand its capabilities, enabling devs to deploy dapps that pull data from a rich array of omnichain sources.
A taster of Analog’s interoperability in action is Zenswap, a decentralized exchange built using the startup’s proprietary technology. Zenswap allows users to seamlessly swap assets across multiple blockchains, utilizing USDC-based liquidity routing to support networks such as TON, Solana, and Bitcoin. Its deployment demonstrates Analog’s ability to enhance accessibility while improving capital efficiency.
The Tech That Makes Analog Tick
Analog’s growing ecosystem suggests it’s going to play a pivotal role in blockchain infrastructure for years to come. Over 50 projects are already building or committed to building on its protocol, including partnerships with notable names like Rarible, Pixelport, and StationX. Additionally, Analog’s testnet has attracted over 345,000 participating accounts, indicating strong developer and user interest ahead of its mainnet deployment.
At the core of Analog’s stack is its Proof of Time protocol, which ensures secure and efficient cross-chain communication. This mechanism is complemented by the General Message Passing (GMP) protocol, enabling developers to transmit data and execute transactions across chains with cryptographic assurance. With a public token sale and mainnet launch looming, Analog is now well positioned to make good on its promise of bringing blockchains closer together.
