OneBalance Secures $5 Million In Angel And Community Round Funding

According to BlockBeats, on August 27, Web3 account framework OneBalance successfully raised $5 million in its angel and community funding rounds. The investment was led by Konstantin Lomashuk and Vasiliy Shapovalov from cyber•Fund, along with contributions from cobie, Curved Ventures, and Vaibhav. OneBalance is a new trusted account framework that integrates chain abstraction, gas abstraction, and permission management. The platform aims to address the fragmented user experience in the Web3 ecosystem.