LI.FI has secured 29 million in new funding. Multicoin Capital and CoinFund led the round. The raise expands its earlier Series A extension and brings total capital raised to 51.7 million.
The company will use the capital to strengthen its cross-chain price discovery tools. It will also improve its transaction path optimisation systems. The aim is to create faster and more reliable ways for developers to move assets across blockchains.
LI.FI is now profitable. It supplies transaction routing services to fintechs, wallets, and trading platforms. Its partners include Robinhood, Binance, Kraken, MetaMask, Phantom, Ledger, Hyperliquid, Circle, and Alipay. The company handles 8 billion in monthly volume. It calls its platform an encrypted Google Maps for navigating blockchain transactions.
