LI.FI announces a $29 million Capital round from Multicoin Capital and CoinFund

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Crypto infrastructure startup LI.FI – backed by CoinFund – has just completed a $29 million Series A funding round, bringing its total Capital to $51.7 million. This round was led by Multicoin Capital, demonstrating growing investor interest in platforms providing a chain liquidation layer for the entire Web3 ecosystem.

CEO and co-founder Philipp Zentner said the new Capital is a positive sign, reflecting the funds' confidence in LI.FI's long-term development direction. He emphasized the project's goal is to make the "composability" feature in decentralized finance invisible, seamless, and stable, so that any application or protocol can be built on this platform without worrying about the complexity of cross- chain infrastructure.

LI.FI was founded in 2021 in Berlin and operates as an open financial protocol supporting connections between cross-chain bridges, DEXs, and user applications. The protocol's goal is to help users and developers transfer assets between multiple blockchains without technical barriers. According to data published by the project, LI.FI has surpassed $60 billion in cumulative volume . In October 2025 alone, volume reached $8 billion, a 595% increase compared to the same period the previous year – a particularly impressive figure in the context of a rapidly recovering crypto market after a two-year correction.

The new Capital will be used to drive the next phase of development, including building a toolkit for AI agents, solutions for stablecoins, and deploying an “open intent & solver” marketplace – a model XEM as a new step to optimize order matching and liquidation across multiple chains. This marketplace is expected to launch in Q1 2026, at a time when the market anticipates a surge in more practical Web3 applications, especially as President Donald Trump is promoting more open technology policies since his term began in late 2024.

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Currently, nearly 1,000 B2B enterprise customers are using LI.FI's toolkit to facilitate on-chain swaps and cross- chain asset transfers. The customer list includes major wallets like MetaMask and Phantom, leading trading platforms like Binance and Robinhood, as well as numerous payment providers, hardware manufacturers, and stablecoin issuers. Investor Spencer Applebaum from Multicoin Capital commented that LI.FI is creating a crucial infrastructure layer where fintech applications and Web3 wallets only need a single API to operate transactions and move assets across chains, while hiding the complexities of routing and execution behind the scenes.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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