Bybit-incubated startup Printr has secured a total of $4.5 million in funding to develop its cross-chain memecoin launchpad, designed to enable simultaneous token deployments across multiple blockchains. The funding comprises a $2.5 million pre-seed round and a $2 million seed extension, with participation from investors including Axelar, Sui Foundation, Draper Dragon, Flow Blockchain, Bitscale Capital, Mantle EcoFund, Mirana Ventures, L1D, Sfermion, Flowdesk, and angel backers.
Printr leverages cross-chain protocols Axelar and LayerZero to facilitate one-click token launches on networks such as Ethereum, Solana, Base, BNB Chain, and Mantle, aiming to solve the problem of fragmented liquidity that often plagues single-chain deployments. The platform allows creators to avoid the complexity of bridging and expansion by unifying liquidity and communities from the outset.
According to the Printr team, "Traditionally, creators must choose a single chain at launch, forcing them to expand later through bridges and fragmented versions of the same token." With features like cross-chain swaps and one-click bridging, Printr streamlines the process, making multi-chain token issuance faster and more accessible.
The startup's business model includes a 90% revenue-share program supported by a points-based rewards system, distributing earnings to creators, traders, and referrers to drive platform activity. As the first project incubated by Bybit Venture Studio, Printr benefits from Bybit's global reach, liquidity, and Web3 infrastructure, enhancing its credibility and scalability.
Printr plans to officially launch in the coming months, with the funding earmarked for technology improvements, market expansion, and enhancing creator incentives. This initiative reflects growing investor interest in multi-chain tools amid high retail activity in memecoins and experimental tokens.
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