Alongside raises $9 million in funding, led by a16z

BlockBeats News: On February 20th, according to The Block, Alongside, the Universal project development team, completed a strategic financing of $9 million, led by Andreessen Horowitz (a16z) and participated by Coinbase, supporting its uAsset cross chain liquidity plan. UAssets adopts a "burning casting" mechanism and Coinbase custody, which enables the transfer of assets between different blockchains such as SUI, Ripple, Dogecoin. Currently, Polygon has been launched Arbitrum、Base， Plan to expand to all EVM chains and more ecosystems.