- Back to menuCryptocurrencies
- Back to menuResearch
- Back to menu
- Back to menu
- Back to menu
- Back to menu
- Back to menuWebinars
Interoperability Project Analog Raises $15M to Unify Liquidity Across Blockchains
Digital asset financier Bolts Capital completed the token purchase to bring Analog's total backing to $36 million.

What to know:
- Analog, a blockchain project looking to improve unified liquidity across different networks, raised $15 million through a token sale.
- Digital asset financier Bolts Capital completed the token purchase to bring Analog's total backing to $36 million
- Analog plans to use the capital to develop interoperability tools like Omnichain Analog Token Standard (OATS) and RWA marketplace Firestarter.
Analog, a blockchain project looking to improve unified liquidity across multiple networks, said it raised $15 million through a token sale.
Digital asset financier Bolts Capital completed the token purchase to bring Analog's total backing to $36 million, according to an emailed announcement shared with CoinDesk on Tuesday.
Analog plans to use the capital to develop interoperability tools like Omnichain Analog Token Standard (OATS), which enables transfer of fungible and non-fungible assets across blockchains chains
Also in the pipeline is Firestarter, a real-world asset (RWA) marketplace to tokenize real estate, collectibles and revenue-producing items.
Tokenization of RWAs represents a use case for blockchain technology of considerable interest for traditional financial (TradFi) institutions.
However, fragmented liquidity across multiple ecosystems is a potential roadblock to further adoption that interoperability projects like Analog are looking to demolish.
Jamie Crawley
Jamie has been part of CoinDesk's news team since February 2021, focusing on breaking news, Bitcoin tech and protocols and crypto VC. He holds BTC, ETH and DOGE.

More For You
Multisig Failures Dominate as $2B Is Lost in Web3 Hacks in the First Half

A wave of multisig-related hacks and operational misconfiguration led to catastrophic losses in the first half of 2025.
What to know:
- Over $2 billion was lost to Web3 hacks in the first half of the year, with the first quarter alone surpassing 2024’s total.
- Multisig wallet mismanagement and UI tampering caused the majority of major exploits.
- Hacken urges real-time monitoring and automated controls to prevent operational failures.