UK-based Startup OneBalance Secures $20M In Series A Round

The round was led by cyber•Fund and Blockchain Capital, with additional support from Mirana Ventures (Bybit) and L2IV.

OneBalance was founded by infrastructure experts Stephane Gosselin and Daniel Worsley, both core contributors to Flashbots, along with Ankit Chiplunkar, a former smart contract engineer at Coinbase. Together, they bring strong experience in building scalable onchain infrastructure.

Stephane Gosselin, co-founder and CEO of OneBalance, said: Stablecoins are quickly replacing bank accounts and bringing millions of users onchain. They expect delightful experiences, not a maze of chains, wallets, bridges to navigate through to complete the most basic actions.

OneBalance fixes this by offering simple one-click experiences for any chain, any action and any token with unmatched speed, reliability, and cost. We've rethought blockchain development from the node up to maximise value creation for users instead of the status quo of retail extractable value.

At the heart of OneBalance is its Toolkit, powered by a new technology called “Resource Locks.” This innovation enables developers and fintech companies to access any token across any blockchain through one simple integration.

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Unlike traditional cross-chain transactions—which are often slow and unreliable because each step happens one after the other—OneBalance’s Resource Locks allow transactions to run in parallel. This makes them 40% faster and much more dependable.

As stablecoins and tokenized assets continue to grow, the poor user experience across chains has become a major challenge.

OneBalance addresses this by offering a chain-agnostic system that allows smooth and reliable interactions across all blockchains.

Spencer Bogart, general partner at Blockchain Capital, comments: In our years investing in crypto, only a few companies have had the potential to transform how the industry works. OneBalance is one of them. The team has a track record of turning technical depth into breakthrough products, with Resource Locks representing the most complete expression of their approach to date. Through Resource Locks, distributed via the OneBalance Toolkit, OneBalance is abstracting away technical barriers, enabling onchain apps to offer simple, one-click experiences. For the first time, the infrastructure gap that has long held back mainstream onchain adoption no longer exists.

The OneBalance Toolkit has already enabled instant native Bitcoin-to-EVM swaps, with support for Solana and additional networks set to launch in the coming weeks.

About OneBalance

OneBalance is a unified framework for secure accounts that brings together chain abstraction, gas abstraction, and advanced permission management.