Relay Secures $17 Million in Series B Financing on February 5, 2026

According to media reports, cross-chain payment system Relay secured $17 million in Series B financing on February 5, 2026. Investors in this round include Archetype and USV. Following this round, Relay's total funding has reached $42 million.Relay is a cross-chain payment system focused on enabling instant, low-cost cross-chain bridging and execution. The system operates by connecting users with relayers (agents), who act on behalf of users across different blockchains and receive a small fee as compensation. Relay’s core design objective is to minimize gas fees and execution latency, making it particularly suitable for price-sensitive use cases such as payments, bridging, NFT minting, and gas abstraction.Relay was formerly known as Reservoir, a project specializing in token and NFT trading infrastructure. With the growing market demand for cross-chain solutions, Relay has evolved to address the increasingly prominent issues of cross-chain costs and efficiency within the blockchain ecosystem. Previously, Relay completed a $14 million Series A round on February 5, 2025, a $10 million Seed round in December 2022, and a $2 million Pre-Seed round in December 2021. The successful completion of this round reflects strong investor confidence in Relay’s cross-chain payment solutions and further underscores the rising importance of cross-chain infrastructure within the Web3 ecosystem.