Blab Crypto
XY Finance Secures $12 Million Series B, Expands Cross-Chain Aggregator to ThunderCore Mainnet
In a headline‑making move, XY Finance closed a $12 million Series B, positioning itself for a major leap onto the ThunderCore mainnet. The round was led by Circle, Animoca Brands and Blockcapital Fund, bringing the company’s total capital raised to $12 million, according to Tracxn’s February 2026 profile.
Founded in September 2021 by Wilson Huang, XY Finance emerged from a simple observation: cross‑chain asset transfers were fragmented, slow and expensive. Huang’s December 2021 article on CryptoNinjas outlined the platform’s ambition—to deliver “smart routing” that automatically selects the most efficient path for a swap, whether that path uses a DEX, a bridge, or a combination of both. The result is a one‑click, borderless experience for tokens and NFTs.
The new funding will accelerate the development of XY Finance’s interoperability protocol, which aggregates decentralized exchanges and bridges to offer seamless token and NFT swaps across multiple blockchains. Circle’s involvement underscores the platform’s infrastructure focus, while Animoca Brands brings expertise in blockchain‑based games and NFTs, and Blockcapital Fund adds a digital‑asset‑centric venture perspective.
A key milestone announced alongside the Series B is the deployment of the native $XY token on the ThunderCore mainnet later this year. The announcement followed a Coindar event that revealed the upcoming launch, noting that participants in the XY Finance × ThunderProtocol trading competition—who used the ThunderCore Hub Wallet—will receive rewards once the deployment is complete. The company urged users to stay tuned for the official release.
XY Finance’s expansion reflects broader industry trends toward cross‑chain liquidity solutions. Decentralized finance platforms increasingly rely on interoperability to provide users with access to multiple liquidity pools without manually moving assets between chains. By aggregating DEXs and bridges, XY Finance aims to reduce slippage and improve the user experience for both token swaps and NFT transactions.
With the Series B and ThunderCore launch, XY Finance is now poised to compete with established cross‑chain aggregators such as 1inch and Paraswap. The company’s team size—reported as 1,660 employees in Tracxn’s profile—supports a modular architecture that can integrate additional chains and liquidity sources as they emerge, giving the platform flexibility in a rapidly evolving market.
In sum, XY Finance has secured significant capital to enhance its cross‑chain aggregation capabilities and announced a new deployment on ThunderCore. The focus on smart routing for tokens and NFTs aligns with the growing demand for seamless interoperability in DeFi and the broader Web3 ecosystem. The upcoming launch of $XY on ThunderCore and the continued expansion of the platform’s liquidity network are expected to drive further adoption among traders and NFT collectors.
Founded in September 2021 by Wilson Huang, XY Finance emerged from a simple observation: cross‑chain asset transfers were fragmented, slow and expensive. Huang’s December 2021 article on CryptoNinjas outlined the platform’s ambition—to deliver “smart routing” that automatically selects the most efficient path for a swap, whether that path uses a DEX, a bridge, or a combination of both. The result is a one‑click, borderless experience for tokens and NFTs.
The new funding will accelerate the development of XY Finance’s interoperability protocol, which aggregates decentralized exchanges and bridges to offer seamless token and NFT swaps across multiple blockchains. Circle’s involvement underscores the platform’s infrastructure focus, while Animoca Brands brings expertise in blockchain‑based games and NFTs, and Blockcapital Fund adds a digital‑asset‑centric venture perspective.
A key milestone announced alongside the Series B is the deployment of the native $XY token on the ThunderCore mainnet later this year. The announcement followed a Coindar event that revealed the upcoming launch, noting that participants in the XY Finance × ThunderProtocol trading competition—who used the ThunderCore Hub Wallet—will receive rewards once the deployment is complete. The company urged users to stay tuned for the official release.
XY Finance’s expansion reflects broader industry trends toward cross‑chain liquidity solutions. Decentralized finance platforms increasingly rely on interoperability to provide users with access to multiple liquidity pools without manually moving assets between chains. By aggregating DEXs and bridges, XY Finance aims to reduce slippage and improve the user experience for both token swaps and NFT transactions.
With the Series B and ThunderCore launch, XY Finance is now poised to compete with established cross‑chain aggregators such as 1inch and Paraswap. The company’s team size—reported as 1,660 employees in Tracxn’s profile—supports a modular architecture that can integrate additional chains and liquidity sources as they emerge, giving the platform flexibility in a rapidly evolving market.
In sum, XY Finance has secured significant capital to enhance its cross‑chain aggregation capabilities and announced a new deployment on ThunderCore. The focus on smart routing for tokens and NFTs aligns with the growing demand for seamless interoperability in DeFi and the broader Web3 ecosystem. The upcoming launch of $XY on ThunderCore and the continued expansion of the platform’s liquidity network are expected to drive further adoption among traders and NFT collectors.
