Rango, the premier cross-chain aggregator, has successfully raised a new investment round led by Binance Labs, with participation from Nomad Capital and Foresight Ventures. This strategic funding round reinforces Rango's leading position in the cross-chain ecosystem and sets the stage for its ambitious growth plans.

Rango's Cross-Chain Ecosystem

Rango has established itself as a pivotal player in the cross-chain landscape, supporting over 60 blockchains, 70+ decentralized exchanges (DEXes), and 20+ bridges. With a total transaction volume exceeding $3 billion and more than 2.5 million swaps across 590,000 unique wallets, Rango handles over 3,000 organic cross-chain swaps daily. The platform aspires to process over 90% of the cross-chain DeFi volume, integrating all major blockchains in the crypto market.

Key Features of Rango

- Best Rates: By aggregating liquidity from multiple DEXes and bridges, Rango ensures users receive the best trading rates available.
- Wide Token Support: Rango supports a broad array of ERC-20 tokens and tokens across 60+ chains, enhancing its versatility and user appeal.
- Multi-Routing and Unified API: The multi-routing feature allows users to choose their desired routes for swaps and bridges, while the unified API provides seamless transactions for dApps and wallets seeking cross-chain swap and bridge functionalities.

Operational Efficiency and Reach

Rango processes over 2 million daily swap quotes, offering lightning-fast response times to a potential user base of 200 million. This efficiency is central to Rango’s mission to enhance its infrastructure, support additional chains, and facilitate the onboarding of the next billion users into the DeFi space.

Extensive Blockchain Support

Rango's blockchain support encompasses major networks such as Bitcoin (BTC), Ethereum Virtual Machine (EVM) chains, Solana, Tron, Cosmos Ecosystem, Starknet, and other UTXO-based blockchains. This broad coverage ensures unparalleled interoperability, allowing users to transact effortlessly across diverse blockchain ecosystems. Rango's comprehensive approach not only drives DeFi adoption but also positions it as an indispensable solution for multi-chain wallets seeking reliable cross-chain functionality.

Integration with Prominent Wallets and dApps

Rango’s services are accessible through leading wallets and dApps, including TrustWallet, Exodus, Binance Web3 Wallet, Compound, and more. The platform aims to extend its reach by integrating with additional prominent wallets and dApps, thereby expanding its ecosystem and enhancing user accessibility.

Future Roadmap

Rango remains committed to integrating trending blockchains proactively, ensuring it remains at the forefront of cross-chain trading innovations. The platform's future roadmap includes:

- Supporting Upcoming Ecosystems:Rango plans to include support for trending blockchains such as Bitcoin Layer 2s, Ton, Move blockchains, and more.
- Enhancing Infrastructure: Continued development to broaden support for additional chains.
- Onboarding Users into DeFi: Aiming to onboard the next billion users into DeFi by aggregating new protocols quickly and efficiently.

About Rango

Rango is the largest cross-chain aggregator, connecting users to the best trading rates across multiple protocols and blockchains. By aggregating liquidity from various sources, Rango ensures users get optimal prices for their trades, reducing slippage and improving efficiency. The platform supports a wide range of tokens and provides a unified API and user-friendly interface for a seamless trading experience.

Conclusion

With its new funding round led by Binance Labs, Rango is well-positioned to continue its leadership in the cross-chain ecosystem. The platform's commitment to innovation and expansion ensures it will remain a key player in the rapidly evolving DeFi landscape, driving adoption and enhancing the user experience across multiple blockchain ecosystems.