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Coinweb Completes Integration of 4 New Blockchains Delivering Along its Roadmap for Cross-Chain Interoperability

BNB, Polygon, MultiversX and Kujira are the latest addition to Coinweb’s underlying blockchain ecosystems (Hong Kong, 18th April) Coinweb, a layer-2 protocol unifying blockchain’s interoperability, announced the success of integrating four more chains into its expandable blockchain infrastructure. Prior to BNB, Polygon, MultiversX (formerly known as Elrond) and Kujira; Bitcoin, Bitcoin Cash, Litecoin and Ethereum were already part of Coinweb’s underlying networks. To date, Coinweb has executed over 4 million transactions since December 2020, and is responsible for an average of 0.3% of all daily transactions being broadcast to the

Coinweb has closed $2M fundraising round from Sava Investment Management

Coinweb, a layer two cross-chain computation platform, has been in development since 2017. Some of the founders, early contributors, and previous team members who are no longer actively involved in the project have agreed to sell their holdings. Hong Kong, 5th April 2023 -SAVA Investment Management, a licensed fund manager registered in the Cayman Islands and British Virgin Islands, has partnered with Coinweb to buy back 6% of the total supply of CWEB tokens. Johan Ditz Lemche, Managing Director of SAVA Investment Management, said “We are delighted to support and