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Coinbase has announced the launch of its second Stablecoin Initiative Fund, Bootstrap Fund.

BlockBeats News, August 12th, Coinbase announced the upcoming launch of the second Stablecoin-Led Bootstrap Fund to enhance DeFi capital markets' stablecoin liquidity. The fund, managed by Coinbase Asset Management (CBAM), will first be allocated to protocols such as Aave, Morpho, Kamino, and Jupiter.

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On November 6, the smart contract platform Llama completed a US$6 million seed round of financing. This round of financing was participated by Founders Fund, Electric Capital, Polygon co-founder Sandeep Nailwal and Aave founder Stani Kulechov.
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