Alex, a decentralized finance (DeFi) protocol built on the Bitcoin-linked Stacks blockchain, has raised $5.8 million in financing led by White Star Capital. The funds will help drive the protocol launch in December and expand the developer and user experience teams.Alex aims to be a one-stop DeFi platform that allows for fixed-rate and fixed-term bitcoin lending and borrowing. … [Read more...] about Alex Raises $5.8M to Bring DeFi to the Bitcoin Ecosystem
58M
Pantera Capital and Arrington XRP Capital lead $5.8M Unbound Finance raise
Cryptocurrency asset managers Pantera Capital and Arrington XRP Capital have co-led a $5.8 million private investment round for Unbound Finance, an up-and-coming DeFi treasury protocol for pooled tokens. The funds will be used to further develop Unbound Finance’s cross-chain stablecoin platform, including the development of native bridges for instant transfers between its … [Read more...] about Pantera Capital and Arrington XRP Capital lead $5.8M Unbound Finance raise
Unbound Finance raises $5.8m led by Pantera Capital and Arrington XRP Capital
Unbound Finance has secured $5.8 million in investment from leading crypto investors, including Pantera Capital and Arrington XRP Capital, to support the firm and become the first-ever decentralized cross-chain stablecoin. Unbound is aiming to create capital-efficient products that are both native and composable to the DeFi ecosystem. The liquidation-free collateralization … [Read more...] about Unbound Finance raises $5.8m led by Pantera Capital and Arrington XRP Capital
Norwegian investment firm allocates $58M to Bitcoin and crypto ventures
Aker ASA, a $6-billion Oslo Bors-listed holding company, is set to begin investing in Bitcoin. According to a press release issued on Monday, Aker has created a new company called Seetee AS whose mission is to invest in Bitcoin (BTC).The newly formed Seetee will also delve into the Bitcoin mining arena while looking to forge useful partnerships with major players in the crypto … [Read more...] about Norwegian investment firm allocates $58M to Bitcoin and crypto ventures