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BTCC / BTCC Square / Global Cryptocurrency /
HOT Labs Secures $250K Stellar Grant for Chain Abstraction Development

HOT Labs Secures $250K Stellar Grant for Chain Abstraction Development

Author:
Global Cryptocurrency
Published:
2025-05-14 09:55:01
17
2

HOT Labs, a blockchain infrastructure builder specializing in multi-chain interoperability, has been awarded a $250,000 development grant from the stellar Development Foundation. The funding will accelerate integration of Stellar’s network into HOT Protocol’s chain abstraction layer and HOT Wallet product.

The partnership focuses on eliminating transactional friction in cross-chain interactions. Stellar’s subsidy will specifically underwrite network fees within HOT Wallet, creating what the team describes as a ’true abstraction layer’ for end-users. This follows HOT Labs’ rapid ascent in 2024 after capitalizing on surging demand for modular blockchain applications.

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