Bybit-Backed Printr Secures $4.5M Funding for Revolutionary Cross-Chain Memecoin Platform
In a significant development for the cryptocurrency ecosystem, Printr - the inaugural project incubated by Bybit Venture Studio - has successfully raised $4.5 million in total funding to pioneer a groundbreaking cross-chain memecoin launchpad. This substantial financial backing, comprising a $2.5 million pre-seed round, marks a major milestone in addressing one of the most persistent challenges in decentralized finance: liquidity fragmentation across multiple blockchain networks. The platform's innovative approach enables creators to deploy tokens simultaneously across major blockchain ecosystems including Ethereum, Solana, Base, and BNB Chain, leveraging cutting-edge interoperability solutions through Axelar and LayerZero protocols. This strategic investment not only validates the growing importance of memecoins in the digital asset landscape but also demonstrates Bybit's commitment to fostering innovation and infrastructure development within the crypto space. The timing of this funding round, occurring in late 2025, reflects the continued maturation of the cryptocurrency market and the increasing institutional interest in projects that solve fundamental technical challenges. Printr's cross-chain solution represents a paradigm shift in how memecoins and other digital assets can be launched and managed, potentially setting new standards for liquidity efficiency and user accessibility across different blockchain environments. This development underscores the evolving nature of cryptocurrency infrastructure and highlights the crucial role that major exchanges like Bybit are playing in driving innovation forward through strategic incubation and funding initiatives.
Bybit-Backed Printr Secures $4.5M for Cross-Chain Memecoin Platform
Printr, the inaugural project incubated by Bybit Venture Studio, has raised $4.5 million in total funding to develop a cross-chain memecoin launchpad. The platform enables creators to deploy tokens simultaneously across multiple blockchains, including Ethereum, Solana, Base, and BNB Chain, addressing liquidity fragmentation through Axelar and LayerZero interoperability.
The funding comprises a $2.5 million pre-seed round and a $2 million seed extension. Printr's revenue-sharing model allocates 90% of proceeds to token creators, incentivizing participation in its chain-abstracted ecosystem. This approach eliminates the need for post-launch bridging, which traditionally splits liquidity across isolated networks.
Bybit Launches Alpha Platform for Token Trading and Rewards
Bybit has introduced Bybit Alpha, a new trading platform where users can trade tokens and earn rewards, mirroring features similar to Binance Alpha. The platform currently supports token trading with plans to expand into IDOs, staking, and additional reward mechanisms in the future.
Trading on Bybit Alpha requires KYC verification but does not necessitate a Web3 wallet, simplifying access for users. Supported balances include USDT, USDC, SOL, and bbSOL, catering to a broad range of traders.
Participants can register via the Bybit Alpha page, complete KYC, and start trading in the Alpha section. The platform's Assets section allows users to monitor their trading volume and progress, though additional features like points and airdrops are not yet available.
