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Relay

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Relay is a cross-chain payment system designed for fast and low-cost transactions by using a relayer model. It enables instant bridging and cross-chain execution by allowing relayers to perform transactions on behalf of users for a fee.

Seed Round: $5M

Series A Round: $14M

Series B Round: $17M

Relay White Paper Whitepaper

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FoundedUnited States
Registration countryUnited States
Registration year2023

What is Relay

Relay is a multichain payments network, designed to make swapping and transacting across 100s of chains delightfully simple. Since launching in 2024, Relay has served 5M users, processed 50M transactions, and driven $5B+ in volume across 85+ networks.

It combines two core components:

  • Instant low cost cross-chain intents, powered by the Relay Protocol
  • Comprehensive DEX Meta-Aggregation across 85 chains

This makes Relay a powerful solution for a diverse set of use cases.

Funding Details

Funds Raised (as of now) 43,000,000 USD

Project team

Peter Watts
Peter Watts
Co-Founder & CEO
Peter Watts linkedin-team
Jason Maier
Jason Maier
Co-Founder & COO
Jason Maier linkedin-team
Michael Morrissey
Michael Morrissey
Co-Founder & CPO
Michael Morrissey linkedin-team
Peter Roth
Peter Roth
General Counsel
Peter Roth linkedin-team

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