Bybit-Backed Printr Secures $4.5 Million to Launch Omni-Chain Memecoin Platform

Executive Summary

Printr, the Bybit Venture Studio-incubated omni-chain token launchpad, announced it has secured $4.5 million in total funding. The platform aims to enable simultaneous memecoin launches across diverse blockchain networks, leveraging protocols like Axelar and LayerZero to address fragmented liquidity and user bases. This development positions Printr as a significant player in the evolving Web3 ecosystem, particularly within the speculative memecoin market.

The Event in Detail

Printr confirmed on October 21, 2025, the successful closure of a $4.5 million funding round, which includes a $2 million seed extension. This funding precedes the official launch of its product, described as the first chain-abstracted launchpad tailored for the memecoin market. As the inaugural project of Bybit Venture Studio, Printr's strategy is to allow creators to launch tokens natively on multiple chains, such as Solana, Mantle, Ethereum, BNB Chain, Sui, and Base, facilitating cross-chain swaps and one-click bridging to unify liquidity. The company also detailed a 90% revenue-share model and a points program designed to incentivize creators, traders, and referrers.

Financial Mechanics and Business Strategy

The $4.5 million in funding comprises an initial $2.5 million pre-seed round and the recent $2 million seed extension. Key participants in the pre-seed round included Axelar, Sui Foundation, Flow Blockchain, Draper Dragon, and Bitscale Capital. The seed extension round saw investments from Mantle EcoFund, Mirana Ventures, L1D, Sfermion, Flowdesk, and various angel investors associated with LayerZero and the broader memecoin trading communities.

Printr's business strategy directly addresses the challenge of liquidity fragmentation across the cryptocurrency landscape, which currently sees between 40,000 and 50,000 new memecoins created daily, with Solana accounting for approximately half of this activity. By acting as a "universal hub for DeFi," as conceptualized by similar cross-chain solutions, Printr aims to simplify asset launching, swapping, lending, and bridging across disparate blockchain networks.

Fed, Co-Founder of Printr, stated that the partnership with Bybit accelerates their goal to "abstract away the complexity of launching and trading tokens across chains" by leveraging Bybit's "global reach, deep liquidity, and growing Web3 stack."

Market Implications

The emergence of platforms like Printr is expected to significantly impact the memecoin sector by lowering the barrier to entry for creators and potentially consolidating liquidity for these assets. This could lead to an increase in cross-chain memecoin launches and foster more speculative activity within the market. For Bybit, supporting Printr strengthens its Web3 ecosystem presence and incubator program, aligning with the growing importance of token creation as a new on-chain primitive.

The reliance on interoperability protocols like Axelar and LayerZero underscores the increasing demand for robust cross-chain infrastructure to facilitate seamless operations across different blockchain environments. The market sentiment for the memecoin sector remains uncertain to slightly bullish, with high volatility anticipated for newly launched tokens as these cross-chain capabilities expand. The platform’s ability to allow users to launch, discover, and trade tokens on any blockchain without permission is designed to unify fragmented liquidity and communities, which could reshape how memecoins gain traction and maintain value.