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HomeNFTs & MetaverseMulticoin and CoinFund Co-Lead $29M Funding for Blockchain Bridging Protocol LI.FI

Multicoin and CoinFund Co-Lead $29M Funding for Blockchain Bridging Protocol LI.FI

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Quick take:

  • LI.FI offers a toolkit that enables developers to build on-chain swaps and cross-chain bridging within their applications.
  • The company plans to use the fresh capital to expand its operations and launch new product development pipelines.
  • The company has partnered with some of the biggest players in crypto, including the likes of Binance, Kraken, MetaMask, Phantom, Ledger, Hyperliquid, and Circle.

LI.FI, a cross-chain bridging protocol that enables developers to build on-chain swaps and cross-chain bridging within their applications, has raised $29 million in an extended Series A round led by Multicoin Capital and CoinFund.

The fundraising brings the total raised to $51.7 million, according to a press release seen by NFTgators. LI.FI said it will use the fresh capital to expand its operations and fund the development of an infrastructure for AI agents and stablecoins, as well as the planned launch of an open intent and solver marketplace in Q1 of 2026.

Some of the company’s notable partners include Binance, Kraken, MetaMask, Phantom, Ledger, Hyperliquid, and Circle. LI.FI also serves non-crypto-native companies looking to integrate Web3 payments and other elements of crypto in their systems, including the likes of AliPay and Robinhood, in a growing list of more than 800 partners.

According to information on its website, the company claims to have processed over $60 billion in total transfer volume from over 80 million transfers. According to the announcement on Thursday, its monthly volume grew by 595%, from $1.15 billion in October 2024 to $8 billion in October 2025.

Commenting on the news, Philipp Zentner, Co-Founder & CEO of LI.FI said in a statement: “Over the past year, we’ve significantly expanded our product suite to strengthen our position in the market and provide a more seamless experience for both B2B partners and their users. This growth allows LI.FI to continue laying the foundation for the next generation of crypto applications, enabling developers and companies to access liquidity across all blockchain ecosystems in ways that were previously overly complex or inaccessible.”


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