Trending...
- California: Governor Newsom announces appointments 3.20.2026
- California announces 300 wildfire projects fast-tracked in 300 days
- California: Governor Newsom proclaims Nowruz
SAN FRANCISCO--(BUSINESS WIRE)--Nomad, a security-first cross-chain messaging protocol, announced today crypto industry giants Coinbase Ventures, OpenSea, Crypto.com Capital, Wintermute, Gnosis, Algaé, and Polygon as participants in their April 2022 $22.4 million seed round.
"Because Nomad provides a trust-minimized protocol for cross-chain messaging, there are potential applications that go well beyond just token bridging," said Anurag Arjun, co-founder of Polygon. "We look forward to seeing some of those exciting new use cases come to life on-chain."
Nomad's primary goal is to create a safer crypto ecosystem where blockchains can communicate seamlessly and securely with each other. With more than $1.5 billion stolen this year by hackers exposing vulnerabilities in cross-chain bridges, the industry is in need of security-first solutions that maximize the safety of users, funds, and messages.
More on The Californer
"Nomad's optimistic security model is the gold standard for trust-minimized cross-chain communication," said Pranay Mohan, CEO and co-founder of Nomad. "Our team is comprised of some of the most renowned experts in the interoperability space, and their work is bringing us closer to a world where cross-chain communication can be done securely and cost-efficiently."
Secure cross-chain messaging is key to uniting DeFi ecosystems and unlocking the true power and potential of blockspace across chains. Nomad's protocol is tackling this head-on, utilizing optimistic verification to provide a high level of security that allows watchers to challenge messages via on-chain fraud proofs, without relying on custodians or validators. Unlike validator-based cross-chain bridges, Nomad only requires a single honest watcher to keep the entire system safe.
To date, Nomad has facilitated nearly $700M in total transaction volume for more than 14,000 unique users across X blockchains. To learn more about Nomad and their cross-chain expansions, please visit nomad.xyz.
About Nomad
More on The Californer
Nomad is an optimistic interoperability protocol that enables secure cross-chain communication. The goal of Nomad is to provide the connective tissue to empower end-users to interact securely across blockchains and developers to build cross-chain applications (or xApps) like token bridges, native cross-chain assets, cross-chain governance applications, and more.
Nomad is already live on Ethereum Mainnet, Moonbeam, Evmos, Avalanche, and we are rapidly expanding to many other chains. We're funded by some of the top VC firms and angels in the space, and are growing our team to scale out this vision for an interconnected topology of blockchains. If you believe the present and future are multichain, come build with us!
Contacts
Media Contact:
Hayden Bardorf
nomad@wachsman.com
"Because Nomad provides a trust-minimized protocol for cross-chain messaging, there are potential applications that go well beyond just token bridging," said Anurag Arjun, co-founder of Polygon. "We look forward to seeing some of those exciting new use cases come to life on-chain."
Nomad's primary goal is to create a safer crypto ecosystem where blockchains can communicate seamlessly and securely with each other. With more than $1.5 billion stolen this year by hackers exposing vulnerabilities in cross-chain bridges, the industry is in need of security-first solutions that maximize the safety of users, funds, and messages.
More on The Californer
- California: Governor Newsom signs legislation 3.26.26
- VBO Expands Event Manager 3.0 with Real-Time Sales Visibility, New Dashboards, and Operational Tools
- eBook Publishing Services in USA California Book Publishers Helps Authors Turn Ideas into Successful
- City of Long Beach to Host Recycle Your Bicycle Event on May 2
- Public Employees Are Asking: Are Our Pensions Secure?
"Nomad's optimistic security model is the gold standard for trust-minimized cross-chain communication," said Pranay Mohan, CEO and co-founder of Nomad. "Our team is comprised of some of the most renowned experts in the interoperability space, and their work is bringing us closer to a world where cross-chain communication can be done securely and cost-efficiently."
Secure cross-chain messaging is key to uniting DeFi ecosystems and unlocking the true power and potential of blockspace across chains. Nomad's protocol is tackling this head-on, utilizing optimistic verification to provide a high level of security that allows watchers to challenge messages via on-chain fraud proofs, without relying on custodians or validators. Unlike validator-based cross-chain bridges, Nomad only requires a single honest watcher to keep the entire system safe.
To date, Nomad has facilitated nearly $700M in total transaction volume for more than 14,000 unique users across X blockchains. To learn more about Nomad and their cross-chain expansions, please visit nomad.xyz.
About Nomad
More on The Californer
- Understanding Unexpected Death: Why Independent Autopsies Matter in Cases Without Clear Cause
- Epic Pictures Group Sets North American Release Date for the Thriller NO ORDINARY HEIST
- Drywall Repair Near Me Services Expand In Huntington Beach Orange County
- Mobile App Developers in California California Web Coders Builds High-Performance Apps for Modern Bu
- California Lutheran University Taps Pandemic Response Leader as Chief Strategy & Growth Officer
Nomad is an optimistic interoperability protocol that enables secure cross-chain communication. The goal of Nomad is to provide the connective tissue to empower end-users to interact securely across blockchains and developers to build cross-chain applications (or xApps) like token bridges, native cross-chain assets, cross-chain governance applications, and more.
Nomad is already live on Ethereum Mainnet, Moonbeam, Evmos, Avalanche, and we are rapidly expanding to many other chains. We're funded by some of the top VC firms and angels in the space, and are growing our team to scale out this vision for an interconnected topology of blockchains. If you believe the present and future are multichain, come build with us!
Contacts
Media Contact:
Hayden Bardorf
nomad@wachsman.com
Filed Under: Business
0 Comments
Latest on The Californer
- Squeegex Expands Window Cleaning and Exterior Services Across 30+ San Diego Neighborhoods
- Long Beach: City Recognizes Tsunami Preparedness Week 2026: Know the Risk. Know the Route.
- Mark Dobosz Makes Donorassess.org Free To Every Nonprofit On The Planet
- THE DASH CAM: THINKWARE Launches Big Spring Sale on Select Dash Cam Models
- Genpak Announces Closure of Utah Manufacturing Facility
- Magai V3 Launches to Deliver a Faster, Cleaner, More Capable AI Workspace
- Newborn Care Network Introduces Clinical Standard to Bridge the Six-Week Postpartum Gap
- California: Governor Newsom announces nearly $900 million for cutting-edge transportation systems of the future
- United Hotel Supply Expands PIP Renovation & Wholesale Hotel Supply Services Across the USA
- The AAA Metamorphosis: How Global Gaming Is Redefining Production Standards
- California: Governor Newsom terminates states of emergency – 3.24.26
- Monexplora Explains the Options Mechanics Behind March's Tech Selloff and VIX Surge
- TCVN & CloneForce bring Agentic AI Pitch to Survivor 13 at Octane's OC Innovation Week at UCI
- Larry R. Wasion Highlights Jump Gate I: Time Chair. The Opening Novel in His Expansive Science Fiction Series
- New Book Reveals The Science Of Predictions
- Governor Newsom calls FCC Chair Brendan Carr a "disgrace," says California will lead more antitrust enforcement to protect consumers from Trump's rising costs
- California doubles down on ocean health with historic investments, following landmark report findings
- New Dosio App Helps GLP-1 Users Track Shots, Side Effects, and Weight Trends
- Rachel Farris, CPA and Founder of Tax Stack AI, Featured on The Big 4 Transparency Podcast
- Compliance Alert: Maryland, Texas Regulate Use of Artificial Intelligence in Utilization Reviews