{"id":61645,"date":"2022-05-18T17:38:48","date_gmt":"2022-05-18T14:38:48","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=61645"},"modified":"2025-09-05T13:26:27","modified_gmt":"2025-09-05T10:26:27","slug":"kaj-labs-raises-400-million-to-develop-a-cross-chain-application-platform","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/kaj-labs-raises-400-million-to-develop-a-cross-chain-application-platform\/","title":{"rendered":"KaJ Labs raises $400 million to develop a cross-chain application platform"},"content":{"rendered":"<p>The KaJ Labs <a href=\"https:\/\/www.prnewswire.com\/news-releases\/crypto-startup-kaj-labs-raises-400m-seed-round-led-by-gem-digital-for-lithospheres-litho-development--adoption-301549974.html\">\u0437\u0430\u043a\u0440\u044b\u043b<\/a> a $400 million seed round of funding with participation from Global Emerging Markets Digital, Four Capital and other investors.<\/p>\n<p>The amount raised was the second-largest at this funding stage in 2022.<\/p>\n<p>The funds will be used to develop Lithosphere, a cross-chain application platform.<\/p>\n<p>Investors in the round received the right to subscribe to LITHO tokens. The asset is available on the MEXC exchange in a USDT trading pair.<\/p>\n<p>The team has built resources to broaden the platform&#8217;s toolkit and its global rollout.<\/p>\n<p>Lithospere solutions, in particular, are already used by the Jot Art Metaverse project. Developers launched an RPG game Finesse with <span data-descr=\"play to earn\" class=\"old_tooltip\">P2E<\/span> elements. NFTs on the Ethereum and BNB Chain networks are supported at the initial stage. In the future, expansion of this list is planned.<\/p>\n<p>The KaJ Labs team has set a goal to ensure compatibility of <span data-descr=\"decentralized applications\" class=\"old_tooltip\">dapps<\/span> across all existing blockchains.<\/p>\n<p>Litosphere uses deep neural networks for intelligent use of smart contracts. Interoperability enables several methods of value transfer within a single governance framework.<\/p>\n<p>Earlier in May, the Polkadot<a href=\"https:\/\/forklog.io\/razrabotchiki-polkadot-predstavili-krosschejn-reshenie-dlya-ekosistemy\/\"> \u0437\u0430\u043f\u0443\u0441\u0442\u0438\u043b\u0430<\/a> cross-chain messaging system XCM, which enables communication between different parachains.<\/p>\n<p>Earlier, the interoperability-focused blockchain project Connext<a href=\"https:\/\/forklog.io\/krosschejn-protokol-connext-predstavil-sobstvennyj-token\/\"> \u043f\u0440\u0435\u0434\u0441\u0442\u0430\u0432\u0438\u043b<\/a> its native NEXT token and announced the creation of a DAO.<\/p>\n<p> Subscribe to ForkLog&#8217;s YouTube channel! <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The KaJ Labs startup closed a $400 million seed round of funding with the participation of Global Emerging Markets Digital, Four Capital and other investors.<\/p>\n","protected":false},"author":1,"featured_media":61646,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1210,1133],"class_list":["post-61645","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cross-chain-protocols","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"24","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/61645","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=61645"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/61645\/revisions"}],"predecessor-version":[{"id":61647,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/61645\/revisions\/61647"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/61646"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=61645"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=61645"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=61645"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}