OneBalance Secures $20M to Revolutionize Crypto UX with ‘Chain-Free’ Breakthrough

OneBalance just pocketed $20 million to dismantle crypto''s complexity—no more chain-hopping, no more wallet spaghetti.

The ''Chain-Free'' Gambit

Their toolkit lets users interact with dApps and tokens without sweating the underlying blockchain—finally, a UX upgrade that doesn’t require a PhD in gas fees.

Why TradFi Should Sweat

If this works, banks might need to rebrand their ''innovation labs'' as ''legacy maintenance departments.''

Seamless interactions without chain knowledge

According to CEO Stephane Gosselin, OneBalance enables developers and fintechs to offer seamless interactions — sending, swapping, or earning yield — without users needing to know which chain they’re on or manage bridging and gas. 

“We’ve rethought blockchain development from the node up,” said Gosselin, adding that the platform maximizes value for users rather than enabling retail extraction.

The key innovation, Resource Locks, improves on traditional cross-chain methods by parallelizing execution instead of waiting for sequential confirmations. This unlocks 40% faster transactions and simplifies the underlying complexity for users and developers alike.

OneBalance has already demonstrated native Bitcoin-to-EVM swaps and plans to support solana and other networks shortly. The Toolkit has been tested in a closed beta with early partners such as DSX, Vooi, Spritz Finance, and Nuvolari.

Vasiliy Shapovalov of cyber•Fund said the firm doubled down after seeing how Resource Locks could unify fragmented userbases and liquidity across chains.

 “OneBalance isn’t only fixing UX—it’s extending crypto’s network effects,” he noted.

OneBalance’s approach hinges on abstracting user balances across chains into a single “spendable” balance. Users no longer need to hold native gas tokens, as fees are paid using the tokens being transacted.