MEXC to list Analog: trading begins February 10

Mexc announced the Analog (ANLOG) list in its innovation zone, with exchanges that start on February 10.

Mexc will list analog (ANLOG) in the innovation zone and will launch trading for the Anlog / USDT pair on February 10, according to the recent announcement. Deposits for Anlog are already open and withdrawals will be available from February 11.

Analog has already obtained lists on some major exchanges, namely Kucoin And Bitget. The token was made available for the first time for pre-commercial trade on Kucoin, with the Anlog / USDT pair officially officially on January 24.

About analog: an omnichaine interoperability solution

Founded in 2021 by Victor Young and Sanchal Ranjan, analog aims to resolve the challenges of transversal communication by allowing transparent communication between Layer 1 And Layer 2 networks. Unlike competitors such as Layerzero and Axlar, Analog offers an independent omnichain interoperability solution with an all-in-one toolbox focused on developers who are not based on third-party oracles. This simplifies the development and connection of smart contracts on several blockchains.

Analog managed to lift several financing cycles to feed its development. In its last round, the company obtained an impressive $ 5 million, bringing its total funding to $ 21 million and increasing its valuation to $ 300 million. The main donors include prospective companies, door companies, backerdao and black label businesses.

More than 50 projects have been built on or have undertaken to rely on the analog protocol, in particular rare, Pixelport, Meson Network, Dmail and Stationx, as indicated by The block. In addition, the project develops its own decentralized exchange, Zenswap, which will allow exchanges of transversal tokens through blockchains such as Tocoin (TONNE), Solana (GROUND), and Bitcoin (BTC).