We are excited to announce the launch of the OneBalance Toolkit, the simplest and most reliable way to get your users onchain, alongside our $20m venture round co-led by cyber•Fund and Blockchain Capital, with participation from Bybit's Mirana Ventures and L2IV. This follows our $5m Angel and Community round in June 2024, anchored by cyber•Fund and backed by Consensys, Wintermute, Curved Ventures, Breed VC, Anagram, Credibly Neutral, Cobie, and individuals from Revolut, Lido, LayerZero, WalletConnect, and more.

Why OneBalance, Why Now?

The numbers tell the story: In 2024, stablecoins settled over $15.6 trillion in value, on par with Visa. Millions of tokens exist onchain versus the handful on centralized platforms. Robinhood’s CEO calls tokenization "the future of finance."

Yet the reality is stark. The current blockchain architecture forces a false choice between user experience and security. Apps that want good UX create honeypots of custodial capital, the same vulnerability that led to FTX, Celsius, and BlockFi. Meanwhile, users face MEV exposure, unpredictable slippage, and fragmented experiences across chains.

We believe as millions come onchain through stablecoins, DeFi, and RWAs, they'll expect seamless, one-click experiences. They won't tolerate today's bridging friction, gas complexity, and execution uncertainty.

Introducing Resource Locks

Last year, when we introduced Resource Locks, we expected skepticism. Instead, it's now a core milestone of the Ethereum interoperability roadmap, with active development from leading teams across the industry. 

Here's why:

1. One-click reliability with millisecond speeds - Parallelizes cross-chain operations that traditionally happen sequentially
2. Works for any chain and token - No upgrades needed, instant compatibility
3. Eliminates custodial honeypots - Security without compromising UX
4. Returns MEV control to users - The price you see is the price you get

Resource Locks work similarly to an escrow. Users lock funds in a OneBalance account and sign a transaction showing their intent. Solvers can immediately release funds on the destination chain upon seeing this signature, without waiting for confirmation on the source chain, because Resource Locks guarantee eventual payment through a “credible commitment”. This solves the double-spend problem that forces current systems to wait for finality, enabling instant, reliable cross-chain transactions without compromising security.

"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. 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." - Spencer Bogart, GP, Blockchain Capital.

The OneBalance Toolkit

The OneBalance Toolkit is the simplest way to bring your users onchain. Powered by Resource Locks, it offers an all-in-one API platform for building one-click interactions across any chain, action, or token.

Developers get three key benefits:

1. Abstract users — One-click UX with no chain selection, bridges, or gas management
2. Build faster — Single API endpoint for all blockchain execution
3. Monetization — Built-in transaction fee capture

The Toolkit is ideal for apps that need fast, highly reliable onchain execution: swaps, yield, transfers, and arbitrary calldata are all supported out of the box.

1. Onchain SuperApps: Wallets, exchanges, and launchpads offering a one-click user experience
2. Fintech Apps: Stablecoin-powered apps accessing 14M+ tokens and monetizing tx fees
3. AI Agents: Services that need to execute reliably on any chain with a single API call

"OneBalance makes wallets and apps 'just work'—exactly what mainstream users expect." - Vasiliy Shapovalov, cyber•Fund

Start building with OneBalance.

Experience the OneApp Yourself

Built on our Toolkit, OneApp offers the most reliable way to swap tokens across any network, demonstrating the one-click experiences that our Toolkit enables for any developer.

[image of OneApp] 

Try the OneApp to experience Resource Locks in action.

Our Closed Beta Partners

After months in closed beta, our design partners helped us create a solution that scales and works across different areas. We want to thank them for helping us get here:

• DSX: Building the onchain Binance
• VOOI: Chain Abstracted Decentralized Robinhood 
• Spritz Finance: Crypto-to-traditional finance payments
• Kii: Onchain FX layer for stablecoins and RWA in emerging markets
• Nuvolari: Your personal ai wealth co-pilot

About the Team

Our founding team brings deep expertise from across the ecosystem:

• Stephane Gosselin (CEO): Co-founder/Architect at Flashbots, designed ERC1400, Frontier Research
• Daniel Worsley (COO): Flashbots Steward/Operations Lead, built LocalCoinSwap, Frontier Research
• Ankit Chiplunkar (CTO): PhD Aerospace Engineering, scaled systems at Coinbase and TokenAnalyst

Supported by team members from Aragon, Polygon, Ethereum Foundation, RhinoFi, Argent, and Nansen.

What's next?

The Toolkit and OneApp are the first steps of the OneBalance vision for Resource Locks. We won't stop until all onchain interactions happen in one-click and MEV works to the benefit of users. 

Start building at: https://docs.onebalance.io 

Stay tuned for updates on our Resource Lock Protocol.

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