The Interoperability Project Analog raises $ 15m to unite liquidity throughout the blockchains

Analog, a Blockchain project looking to improve a single liquidity in many networks, said it raised $ 15 million through a token sale.

The Digital Asset Financier Bolts Capital has completed the purchase of the token to bring the total analog backing of $ 36 million, according to an email announcement distributed to CoinDesk on Tuesday.

Analog plans to use capital to produce interoperability tools such as the Omnichain Analog token Standard (Oats), which allows the transfer of fungible and incorrect assets across Blockchain chains

Also in the pipeline is the Firestarter, a real-world asset (RWA) Tokenize market real estate, collectibles and income -making items.

The RWW tokenization represents a case of use for blockchain technology that is of great interest to traditional financial institutions (tradfi).

However, the liquidity fragment in many ecosystems is a potential road barrier to further adopt that interoperability projects such as analog are looking to abolish.