A new wave of innovation is on the horizon for the crypto user experience: OneBalance, a fresh face in the developer platform arena, has successfully raised $20 million in a Series A funding round. Announced on Wednesday, June 11, 2025, this financial boost was spearheaded by cyber•Fund and Blockchain Capital, with further support from Bybit’s Mirana Ventures and L2IV. The platform, crafted with the expertise of former Flashbots contributors and a veteran from Coinbase, aims to smooth the often bumpy road of cross-chain operations.
Breaking Down Cross-Chain Barriers
OneBalance sets itself apart with a mission to streamline cross-chain transactions—a significant pain point for crypto users seeking a seamless experience. By offering a toolkit that allows developers to facilitate transfers, swaps, and yield farming with a single click, they’re addressing a critical need. The toolkit already supports native Bitcoin-to-EVM (Ethereum Virtual Machine) swaps, with plans to integrate Solana soon. This is no small feat in an industry that thrives on complexity yet craves simplicity. As explored in our recent coverage of SocGen’s Crypto Arm unveiling a Dollar Stablecoin on Ethereum and Solana, the integration of Solana reflects a broader trend of cross-chain compatibility in the crypto space.
Stephane Gosselin, the CEO and co-founder of OneBalance, articulates this vision succinctly. “There’s a tidal wave of growth in the stablecoin world, attracting many who aren’t crypto veterans,” he explained. “These users expect operations to be as easy as a single click. Up until now, there hasn’t been a viable way to construct products that meet these expectations.”
The Crypto Context
This venture is a logical next step for OneBalance, following their initial $5 million angel round in 2024, which saw participation from influential entities like Consensys, Wintermute, Anagram, and crypto influencer Cobie. The appetite for investment underscores the platform’s potential in a market that’s increasingly demanding efficiency and user-friendliness.
OneBalance’s pursuit is timely. As the crypto ecosystem expands, the need for cross-chain solutions grows more pressing. The crypto community has seen the tumultuous effects of maximal extractable value (MEV) on Ethereum transactions—something Flashbots, from which OneBalance draws its roots, knows all too well. By minimizing these impacts, OneBalance not only enhances the user experience but also reinforces trust in decentralized finance (DeFi) infrastructures.
Looking Ahead
The implications of OneBalance’s innovation are significant. With early partners like DSX, Vooi, Spritz, and Nuvolari on board, the platform is poised to offer a robust framework for developers aiming to bridge the gap between disparate blockchain ecosystems. Yet, questions linger about the broader adoption of such seamless technology. Will the industry embrace these tools en masse? Can OneBalance maintain its momentum amid rapid technological shifts and competitive pressures? For a deeper dive into the competitive landscape, see our coverage of UK’s OpenTrade raising $7M to expand stablecoin yield access.
The success of this funding round signals optimism, but the path forward is fraught with challenges typical of an industry in constant flux. As crypto continues to evolve, the demand for intuitive, reliable cross-chain solutions is likely to intensify. OneBalance seems well-positioned to capitalize on this trend, but only time will reveal the full measure of their impact.
In essence, OneBalance’s journey could redefine how users interact with the crypto world, making blockchain technology more accessible to the masses. As the dust settles on this funding achievement, the crypto community watches with bated breath, anticipating the next steps from a team that’s not just meeting expectations but reshaping them.
Source
This article is based on: Flashbots Veterans Raise $20M to Tackle Crypto User Experience With OneBalance
Further Reading
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Steve Gregory is a lawyer in the United States who specializes in licensing for cryptocurrency companies and products. Steve began his career as an attorney in 2015 but made the switch to working in cryptocurrency full time shortly after joining the original team at Gemini Trust Company, an early cryptocurrency exchange based in New York City. Steve then joined CEX.io and was able to launch their regulated US-based cryptocurrency. Steve then went on to become the CEO at currency.com when he ran for four years and was able to lead currency.com to being fully acquired in 2025.
