Across Protocol, an interoperability protocol based on Ethereum, has raised $41 million in funding led by Paradigm. Other investors including Bain Capital Crypto, Coinbase Ventures, and Multicoin Capital also participated in the funding round. ACX tokens were sold to investors, although the sale price and valuation were not disclosed. The co-founder of Risk Labs, the foundation behind Across Protocol, stated that they believe in the vision of unifying the Ethereum ecosystem and are excited to continue working with Paradigm on technology and research. Following the funding news, the ACX token price experienced a 12% increase.



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