Core Becomes Largest Bitcoin Sidechain with $423m in TVL
Core has become the biggest Bitcoin sidechain, with more than $400 million locked in its entire value. DefiLlama’s statistics indicate that Core’s TVL climbed by more than $100 million in the last 30 days, reaching $423 million at this time. According to a press release this represents more than 26% of the total TVL across […]
21.co Adds Chainlink Proof of Reserves for Wrapped Bitcoin
21.co, the parent company of 21Shares, uses Chainlink Proof-of-Reserve to make its wrapped Bitcoin more transparent. 21.co plans to utilize Chainlink’s proof of reserves service on the Ethereum and Solana mainnets, per a press announcement dated September 23. The integration aims to make reserves for 21.co’s wrapped Bitcoin, or 21BTC, more transparent. Early in September […]
Celestia Foundation Secures $100m in New Fundraising
Celestia Foundation raised $100 million from Bain Capital Crypto, bringing its total fundraising to $155 million. The non-profit Celestia Foundation, established in Liechtenstein has raised $100 million from prominent venture capital firms focusing on cryptocurrency, headed by Bain Capital Crypto. With the announcement of this funding on September 23, the total money raised for the […]
INX, Backed Expand Tokenized Stock Offerings on Polygon
INX and Backed have expanded their tokenized stock trading platforms with Polygon blockchain listings for non-US investors. New listings on the INX platform for Tesla (bTSLA), Microsoft (bMSFT), Google (bGOOGL), and GameStop (bGME) are part of this expansion. A press release that was provided states that every digital token on the Polygon blockchain is backed […]
Helix Labs Raises $2m to Unlock Cardano’s $12b Liquidity
In a pre-seed investment round, Helix Labs has raised $2 million, giving the company a $40 million valuation. According to a news statement from the company, Tribe Capital, EMURGO Ventures, Taureon Capital, LD Capital, and Double Peak Group led the fundraising. Increased Cardano liquidity is what the funding aims to offer to decentralized finance. The […]