Mycel

The blockchain to swap all blockchain assets

Employees
1–10
Business Model
B2B
Website
mycel.land
Last Round
SeedFeb 2025
Rounds
2

About

Mycel is a Layer 1 blockchain building the infrastructure for cross-chain asset transfers, enabling users to move assets across any blockchain without bridges or wrapped tokens. The Mycel Stack consists of three layers: HyphaBFT (a CometBFT-based consensus algorithm with Threshold Signature Scheme integration), the Ownership Transfer Protocol (OTP) for facilitating asset exchange by transferring ownership rights, and Potcat, a decentralized application for actual asset exchange. Mycel targets the $3.4 trillion in fragmented liquidity locked across isolated blockchain ecosystems, offering orderbook-based matchmaking for faster execution than AMM-type chains.

Summary

Mycel is a Crypto & Web3 company. Its most recent funding was a Seed round in Feb 2025. Investors include CV VC, Gumi Cryptos Capital and Incubate Fund.

Tech & App Stack

4 technologies & apps tracked

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Funding History

SeedSeed RoundFeb 2025

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Funding: Pre-Seed through Seed. Amounts, valuations, and investors where available.

Investors

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Mycel on Indexed.vc
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