Cross-chain interoperability protocol Owlto releases technical whitepaper proposing an intent-centric, chain-wide liquidity solution

On October 30, Owlto Finance, a cross-chain interoperability protocol, released its latest technical whitepaper, proposing an intent-centric chain-wide liquidity protocol. By integrating intent, zero-knowledge proof, smart contracts and AI technologies, and utilizing transaction splitting algorithms and smart transaction routing algorithms, Owlto Finance aims to help users obtain the best liquidity on multiple chains and choose the optimal path, thereby reducing transaction costs and time, and solving the complexity of chain-wide transactions and the problem of insufficient market liquidity.

Owlto Finance has access to more than 50 chains in the ecosystem, including BTC, ETH and Solana, and has more than 2 million users in more than 200 countries and regions. According to DefiLlama, Owlto has one of the highest number of cross-chain bridges, with a peak market share of 33%. Owlto announced two rounds of financing this year, with nearly $10 million in funding and a valuation of $150 million, from Matrixport, Bixin, CEIC, Presto, Skyland, Hailstone, and others, Hailstone and others.