OneBalance Raises $20M to Simplify Cross-Chain Crypto UX

Cross-chain developer platform OneBalance has secured $20 million in a Series A funding round, aiming to solve crypto’s persistent user experience challenges. The round was co-led by cyber•Fund and Blockchain Capital, with additional support from Bybit’s Mirana Ventures and L2IV, according to a company press release.

Founded by former Flashbots contributors and a former Coinbase engineer, OneBalance seeks to eliminate cross-chain friction with a streamlined toolkit that offers one-click access to transfers, swaps, and yield farming across multiple blockchains. The platform currently supports native Bitcoin-to-EVM swaps, with Solana integration expected soon.

“One-click operations are the expectation of new users coming onchain via stablecoins, but until now, there hasn’t been a way to build such products,” said Stephane Gosselin, co-founder and CEO of OneBalance. He emphasized the platform’s goal to cater to non-crypto-native users drawn in by stablecoin growth and DeFi opportunities.

Early adopters of OneBalance’s developer toolkit include DSX, Vooi, Spritz, and Nuvolari.

This latest funding follows a $5 million angel round in 2024, which included prominent investors like Consensys, Wintermute, Anagram, and Cobie. With fresh capital and growing institutional support, OneBalance is positioning itself as a key player in building the infrastructure for seamless, multichain crypto applications.

By reducing complexity and enhancing user experience, OneBalance aims to bridge the gap between crypto-native tools and mainstream adoption — a move that could accelerate onchain activity across ecosystems.