Bybit-backed cross-chain memecoin launchpad Printr raises $4.5 million
Printr, the first project incubated and supported by Bybit Venture Studio, has secured a total of $4.5 million in funding, a spokesperson told The Block. The announcement on Tuesday comes as the startup readies its chain-abstracted token launchpad for an official launch.
Built using cross-chain communication protocols Axelar and LayerZero, Printr enables users to simultaneously launch memecoins on multiple blockchains, including Base, BNB Chain, Ethereum, Mantle, Solana, and dozens of others.
The idea is to patch up fragmented liquidity and help token creators tap into diverse crypto ecosystems.
“Traditionally, creators must choose a single chain at launch, forcing them to expand later through bridges and fragmented versions of the same token,” the team explained. “Paired with cross-chain swaps and one-click bridging, Printr unifies liquidity and communities from day one.”
Fed, the co-founder of Printr, notes that the startup’s relationship with Bybit also helps token creators by abstracting away common issues seen during token deployments. “With Bybit’s global reach, deep liquidity, and growing Web3 stack, Printr can scale token creation to every corner of crypto – starting from day one,” Fed said.
What’s more, Printr features a 90% revenue-share model and points program to reward creators, traders, and referrers, according to the announcement.
Printr’s $4.5 million in funding comes from a $2.5 million pre-seed round, backed by Axelar, Sui Foundation, Flow Blockchain, Draper Dragon, and Bitscale Capital, as well as a $2 million seed extension round including Mantle EcoFund, Mirana Ventures, L1D, Sfermion, Flowdesk, and prominent angel investors.
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