Michael Oved Unveils Harbor: Cross-Chain DEX Secures $4.2M Strategic Round

2026-01-21 18:29:28

Abstract generation in progress

On December 17th, 2025, AirSwap founder Michael Oved introduced Harbor, an innovative decentralized exchange platform designed to reshape how traders access native cross-chain assets. Developed alongside Pluto, a veteran THORChain core engineer, Harbor represents a sophisticated approach to DeFi infrastructure that prioritizes institutional-grade performance and interoperability. The platform has successfully closed a $4.2 million strategic funding round, with leading investors Susquehanna Crypto and Triton Capital driving the initiative.

Strategic Visionaries: Who’s Behind Harbor

Michael Oved brings extensive experience building in the decentralized finance space through his work at AirSwap. His partnership with Pluto, who previously contributed critical architectural expertise at THORChain, creates a formidable founding team that understands both exchange mechanics and cross-chain complexity. This combination of backgrounds positions Harbor to tackle some of DeFi’s most pressing infrastructure gaps.

Redefining Cross-Chain DeFi Infrastructure

Harbor zeroes in on a specific market opportunity: enabling seamless trading of native assets across blockchain ecosystems. Rather than positioning itself as just another DEX, the platform establishes itself as professional-grade liquidity infrastructure—built for wallets and applications rather than just retail traders. This emphasis on chain neutrality and high-performance matching creates a differentiated value proposition in an increasingly competitive landscape.

Backing from Industry Leaders

The $4.2 million funding round reflects confidence from top-tier participants in the crypto investment ecosystem. Beyond lead investors Susquehanna Crypto and Triton Capital, the round attracted prominent market makers including Auros, Kronos, and Selini. This diverse investor base signals that Harbor’s approach resonates with sophisticated participants who understand the technical requirements of cross-chain infrastructure and the market demand it addresses.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.