DeFi Interoperability Protocol Composable Finance Raises $7 Million to Enable Cross-Chain and Cross-Layer Processing BERLIN, GERMANY / ACCESSWIRE / June 1, 2021 / Composable Finance, a new protocol developing a cross-layer, cross-chain interoperability infrastructure, has announced a $7 million raise led by Advanced Blockchain AG and Rarestone Capital, with participation from Divergence Ventures, New Form Capital, DFG, Maven 11, 4SV, Hypersphere Ventures, Blockchain Capital, PNYX Ventures, CMS Holdings, Alameda Research, SOSV, Spartan Group, LedgerPrime, LongHash Ventures, Cluster, and Pluto Digital Assets. Composable Finance was developed to resolve the current problem of a lack of cohesion between different decentralized finance (DeFi) protocols. The solution is Composable's dual-pronged solution for interoperability, which includes a hyper liquidity infrastructure layer for DeFi assets that will be powered by both layer 2 on Ethereum and Polkadot. Composable's cross-chain approach involves utilizing a parachain to run different smart contracts in tandem, allowing protocols on different chains to fully and quickly communicate across blockchain boundaries.