Locations
San Francisco, CA, USA
industry
Blockchain and Crypto · Finance
Size
11-50 employees
Stage
Other
founded in
2021
Parallel is the first omni-chain Layer 2 (L2) that unifies liquidity from any chain into one place, leveraging innovative liquidity outposts. It supports both Bitcoin and Ethereum, offering a multi-settlement execution layer that enhances security, censorship resistance, and native asset management. The platform enables a fully on-chain order book for multi-native assets, a yield-bearing Bitcoin-backed stablecoin, and a native asset launchpad for Bitcoin. With over 30 decentralized applications (Dapps) in its ecosystem, Parallel is positioned to attract a growing number of projects and users, making it a significant player in the decentralized finance (DeFi) space.
Something looks off?