Blockchain Startup Hyperlane Raises $18.5M Round Led by Crypto Investor Variant

“The current state of crypto is fragmented, as there has been a proliferation of blockchains and applications, but users on a given blockchain can’t access applications on another,” Kol said. “It’s confusing and complex, and results in a user experience that many, even crypto veterans like our team, find cumbersome and unruly," he added.