Analog, a blockchain initiative focused on enhancing liquidity across different networks, successfully raised $15 million through a recent token sale.

Bolts Capital, a digital asset financier, completed the investment, increasing Analog’s total funding to $36 million. According to an announcement sent via email to CoinDesk, this amount is aimed at developing interoperability solutions, including the Omnichain Analog Token Standard (OATS) and the Firestarter marketplace for real-world assets (RWA).

Highlights:

• Analog raised $15 million through a token sale aimed at improving liquidity across networks.
• Bolts Capital’s investment brings Analog’s total backing to $36 million.
• Funds will support the development of interoperability tools such as OATS and the RWA marketplace, Firestarter.

The integration of RWAs showcases significant possibilities for blockchain applications attracting interest from traditional financial institutions. However, the existing fragmented liquidity across various ecosystems poses challenges that interoperability projects like Analog seek to overcome.