OneBalance, a blockchain tooling startup founded by ex-Coinbase and Flashbots engineers, has secured a $20 million Series A investment round. The funding led by cyber•Fund and Blockchain Capital, with participation from Bybit’s Mirana Ventures and L2IV aims to simplify multichain development and remove friction from crypto onboarding.
OneBalance’s flagship Toolkit technology provides a comprehensive solution for developers and fintechs, enabling actions like transfers, swaps, and yield management with a single API call. Behind the scenes, bridge operations, gas token conversions, and layer-2 integrations are handled automatically, saving projects from dealing with fragmented UX issues across networks.
The company’s platform offers chain-agnostic wallet infrastructure: users can carry out cross-chain actions without manual bridging or managing multiple tokens. Developers simply specify the destination chain, and the Toolkit handles the remaining complexity making onboarding fast and intuitive.
Participation from leading investment firms validates OneBalance’s vision: blockchain usability remains a critical barrier to mass adoption. By addressing technical hurdles, the startup empowers a wider range of applications, from fintech integrations to consumer-facing dApps.
OneBalance’s funding will support product expansion, developer outreach, and integrations with major networks. Partnerships include both Layer‑1 and Layer‑2 chains, with a focus on zero-friction experience as crypto penetrates global finance. As Web3 ecosystems mature, tools like OneBalance focused on ease-of-use may be essential for mainstream adoption. Ultimately, if developers adopt these streamlined infrastructures, user experience may finally catch up with technological promise
