LI. FI launches Intents architecture and raises $29 million in funding

LI.FI announced the launch of its intent based execution architecture, LI.FI Intents, which optimizes stablecoin payments, tokenized assets, and on chain liquidity execution, supports cross chain exchange of USDC and USDT, and multi asset integration. This architecture has been launched in applications such as Jumper and Rabbi. In addition, LI.FI has completed a Series A financing of $290 million for infrastructure development and on chain financial support needs.