- Series A round of $20 million led by Cyber Fund and Blockchain Capital
- Toolkit supports Ethereum and Polygon with Solana support due soon
- Charges a small fee per transaction processed by the platform
OneBalance, a London-based crypto software company founded in 2024, has secured $20 million in a Series A round led by Cyber Fund and Blockchain Capital. Participation from Mirana Ventures and L2IV brought total funding to $25 million. With its flagship toolkit launching simultaneously, OneBalance aims to empower non-crypto-native software engineers to integrate blockchain functionality—including trading memecoins, swapping tokens, and peer-to-peer payments—directly into their applications.
Overview of Series A Funding for OneBalance
The Series A investment underscores growing confidence in OneBalance’s vision to simplify blockchain integration for mainstream developers. Venture firms Cyber Fund and Blockchain Capital co-led the round announced on Wednesday, attributing strategic value to the company’s toolkit approach. Mirana Ventures and L2IV also contributed, elevating OneBalance’s cumulative capital to $25 million. Although OneBalance declined to reveal its post-money valuation, CEO Stephane Gosselin emphasized that the funds will accelerate support for additional blockchains and expand developer resources.
Toolkit Features and Developer Integration with OneBalance
OneBalance’s primary offering is a developer toolkit that launched on the same day as the funding announcement. This collection of software libraries and APIs enables engineers to focus on user experience while relying on OneBalance for reliable on-chain transfers, swaps, and yield mechanisms. Key features include native support for trading memecoins and token swaps, seamless peer-to-peer payments, and modular SDK components that integrate with existing web and mobile frameworks. By abstracting complexities like private key management and gas optimization, OneBalance ensures that non-crypto engineers can adopt blockchain features with minimal learning curve.
Support for Multiple Blockchains and Future Plans
At launch, OneBalance’s toolkit supports Ethereum, Polygon, and other Ethereum Virtual Machine (EVM) compatible networks. Gosselin announced plans to introduce Solana support by the end of June 2025, expanding the toolkit’s reach to a broader ecosystem. Future roadmaps include integrating Binance Smart Chain, Avalanche, and Layer 2 solutions such as Optimism and Arbitrum. The additional funding will underwrite the hiring of blockchain engineers, the development of cross-chain bridging tools, and the enhancement of low-latency transaction monitoring.
Business Model and Transaction Fee Structure
OneBalance employs a usage-based revenue model, charging a nominal fee per transaction processed through the integrated toolkit. Under this structure, platforms that embed OneBalance in their applications incur a small surcharge atop each swap, trade, or transfer. “We want to make money when our customers make money,” Gosselin stated, aligning OneBalance’s incentives with developer success. This fee-on-use approach contrasts with subscription-based SDK services, allowing emerging startups to adopt blockchain features without upfront costs and scale fees proportionally to transaction volumes.
Market Position: Comparing OneBalance with Competitors
Several companies, including Reown, Privy, and Helius, also offer development kits aimed at simplifying blockchain integration. Reown and Privy focus on wallet functionality, enabling engineers to embed crypto wallets into apps. Helius targets Solana-based applications by providing APIs that abstract RPC calls and block processing. Unlike these providers, OneBalance differentiates through its multi-chain modular toolkit and emphasis on memecoin trading and yield features. The Series A funding positions OneBalance to accelerate feature parity with competitors and carve out a niche among EVM and Solana developers.
Impact of OneBalance on Non-Crypto Native Engineers
As non-crypto companies such as Meta and Google explore stablecoin integration, OneBalance addresses the skills gap by offering prebuilt components for on-chain reliability. Engineers without blockchain expertise can now implement features like token transfers and decentralized swaps without deep dives into node infrastructure or smart contract security. By masking complexity and handling edge cases—such as gas fee estimation, network congestion, and error retries—OneBalance enables teams to deliver robust blockchain experiences in weeks instead of months.
Conclusion
The $20 million Series A funding round led by Cyber Fund and Blockchain Capital, with backing from Mirana Ventures and L2IV, marks a pivotal moment for OneBalance. Its launch of a developer-centric toolkit supporting Ethereum, Polygon, and soon Solana reflects a clear roadmap for simplifying blockchain adoption. Through a usage-based fee model and ongoing expansion of supported networks, OneBalance is well-positioned to help both startups and established companies integrate crypto features seamlessly into their products.
Disclaimer
The information provided in this article is for informational purposes only and should not be considered financial advice. The article does not offer sufficient information to make investment decisions, nor does it constitute an offer, recommendation, or solicitation to buy or sell any financial instrument. The content is opinion of the author and does not reflect any view or suggestion or any kind of advise from cryptonewsbytes.com. The author declares he does not hold any of the above mentioned tokens or received any incentive from any company.
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