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Acala LCDOT

Acala LCDOT

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TVL: $11M

Acala

Acala provides backend infrastructure for traditional finance that is trusted by institutions like Coinbase, Figment, and Current.com. It offers an application-specific blockchain with built-in tools like Universal Asset Hub, a DEX, DOT liquid staking, and a multichain asset router bridge. Acala's blockchain supports forkless upgrades and its platform is EVM-compatible, allowing developers to build with Solidity in Acala’s EVM+.
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Funding Rounds

Funding Round: Ecosystem Foundation raise
Funding Date: 25 Mar, 2022
Raised Amount: $250M