Printr, the first project incubated by Bybit Venture Studio, has raised $4.5 million to launch its chain-abstracted token platform. The funding, confirmed by a company spokesperson to The Block, combines a $2.5 million pre-seed round and a $2 million seed extension.
The pre-seed round was backed by Axelar, Sui Foundation, Flow Blockchain, Draper Dragon, and Bitscale Capital. The seed extension included Mantle EcoFund, Mirana Ventures, L1D, Sfermion, Flowdesk, and several angel investors.
Printr aims to simplify how creators launch tokens across multiple blockchains. Built on Axelar and LayerZero, the platform allows users to deploy memecoins simultaneously on chains like Ethereum, BNB Chain, Base, Mantle, and Solana.
Traditionally, token creators must pick one blockchain at launch, expanding later through bridges that fragment liquidity. Printr solves this by offering cross-chain swaps, one-click bridging, and unified liquidity from day one.
According to the Printr team, this approach eliminates barriers that slow down token distribution and community growth.
Partnership with Bybit
Printr’s integration with Bybit provides immediate access to the exchange’s liquidity, Web3 infrastructure, and global network. Co-founder Fed said the collaboration will help scale token creation across crypto markets faster than traditional launchpads.
“With Bybit’s global reach, deep liquidity, and growing Web3 stack, Printr can scale token creation to every corner of crypto from day one,” Fed noted.
Incentives for Creators and Users
The platform introduces a 90% revenue-share model and points reward program designed to benefit creators, traders, and referrers. This model positions Printr as one of the most creator-friendly launchpads in the market.
Summary
- Total Funding: $4.5 million
- Backers: Axelar, Sui Foundation, Flow Blockchain, Mantle EcoFund, Draper Dragon, Mirana Ventures, among others
- Built On: Axelar and LayerZero
- Key Feature: Simultaneous multi-chain token launches
- Revenue Model: 90% shared with creators and users
Printr’s launch signals Bybit’s deeper move into Web3 incubation and highlights a growing trend toward cross-chain interoperability in crypto tokenization.
