DeFi Protocol Neutrl Raises $5M to Bring Its Synthetic Dollar to the Masses
The protocol’s NUSD token offers scalable “institutional-grade” yields by leveraging OTC discounts and delta-neutral hedging.
Futureverse Accelerates Metaverse Strategy with the Acquisition of Candy Digital
The acquisition allows the generative and gaming technology provider to integrate IP from leading brands, including Major League Baseball (MLB), Netflix, Getty Images, Warner Bros. Discovery, and DC Comics.
Resolv Labs Bags $10M Seed Round to Scale Its Yield-Bearing Stablecoin Protocol
Cyber.Fund and Maven11 led the round, with participation from Coinbase Ventures, SCB Limited, Arrington Capital, and Animoca Ventures.
DWF Labs Opens New York Office with $25M Investment in Trump Family-Backed World Liberty
The market maker purchased $25 million of World Liberty Financial (WLFI) tokens and will provide liquidity for the protocol’s USDI stablecoin.
DeFi Startup Glider Raises $4M to Automate Crypto Trading and Swaps
Andreessem Horowitz led the round with participation from Coinbase Ventures, Uniswap Ventures, and GSR.
Trump Organisation Looking to Add a Blockchain Game to List of Crypto Ventures
Sources familiar with the new project told Fortune that the video game is a twist on Monopoly Go, where players earn in-game cash by moving pieces around a digital Monopoly board to erect buildings in a digital city.
1kx Leads $11M Seed Round for Blockchain Memory Layer Optimum
The fundraising also attracted participation from Robot Ventures, Finality Capital, Spartan, CMT Digital, SNZ, Triton Capital, Big Brain, CMS, Longhash, NGC, Animoca, GSR, Caladan, Reforge and others.
Tether Taps Self-Custody Crypto Wallet Solution Provider Fizen to Advance Global Stablecoin Adoption
The world’s largest digital asset company has made a strategic investment in Finzen, enabling the self-custodial and crypto payments provider to facilitate the seamless integration of stablecoins across multiple blockchains.
Kraken Taps Financial API Platform Alpaca to Expand to Stocks and ETFs Trading
The crypto exchange platform is advancing its strategy of integrating international finance products by allowing users to trade over 11,000 US stocks and ETFs.
JPMorgan’s Blockchain-Based Payments Network Adds Support for GBP
Kinexys (formerly Onyx) is launching GBP-denominated blockchain deposit accounts in the UK.