BlockBeats News, April 16th, according to CoinDesk, Resolv Labs announced the completion of a $10 million seed round financing, with Cyber.Fund and Maven11 co-leading. Other participants include Coinbase Ventures, Susquehanna, Arrington Capital, and Animoca Ventures. The protocol provides a crypto-native, Delta-neutral yield strategy for USR stablecoin holders.
[Original Link]BlockBeats News, April 14th, Solix DePIN announced the receipt of $29.5 million in funding from the Eclip Foundation to accelerate the development of its core technology, the MODEL CONTEXT PROTOCOL (MCP). The funding will be used for technology upgrades, global expansion, the launch of AI-driven intelligent bandwidth allocation functionality, and plans to collaborate with cloud services and content delivery networks.
Solix is committed to building a decentralized bandwidth marketplace as an alternative to traditional bandwidth resource allocation.
[Original Link]BlockBeats News, April 11, according to official sources, OpenZK Network has announced the completion of a $6 million early-stage financing round, with investors including Animoca Brands, Coinstore, Sovereign Trust, and other institutions. This round of financing will be used to support its technical research and development and ecosystem construction.
OpenZK, founded by former Goldman Sachs Asia Pacific Executive Director Dave Sandor, is currently actively collaborating with multiple institutions to advance its subsequent strategic deployment.
BlockBeats News, April 10th, according to Fortune magazine, cryptocurrency insurance company Meanwhile has completed a $40 million Series A financing round, led by Framework Ventures and Fulgur Ventures, with participation from Wences Casares, founder of Xapo crypto bank.
According to the report, Meanwhile's life insurance policy operates similarly to traditional life insurance. Policyholders pay a monthly premium calculated by actuaries. However, customers do not pay via a bank account or check but rather through Bitcoin in their crypto wallets. When a policyholder passes away, their beneficiaries will receive the claim amount in Bitcoin.
[Original Link]BlockBeats News, April 9th, according to Decrypt, AI-driven code audit tool Octane announced the completion of a $6.7 million funding round. This round was led by Winklevoss Capital and crypto investment firm Archetype, with participation from Druid Ventures, Circle, Gemini, Legion Capital, Duke Capital Partners, and others.
Octane's goal is to equip crypto teams with AI security engineers to build a future-proof security system, specifically focused on vulnerability identification and assisting developers in remediation.
[Original Link]BlockBeats News, April 7th, according to CoinDesk, the cryptocurrency-to-fiat application P2P.me has completed a $2 million seed round, with participation from Multicoin and Coinbase Ventures. P2P.me enables users to pay with stablecoins to fiat-only merchants through a network of intermediaries. The platform uses zero-knowledge proof technology to verify user identity and ensure privacy and security.
[Original Link]BlockBeats News, April 5th. According to official sources, cryptocurrency-to-fiat payment app P2P.me has announced the completion of a $2 million seed round financing, with participation from Multicoin and Coinbase Ventures. P2P.me uses zero-knowledge proof and supports enabling anyone to make payments with USDC through any QR code.
[Original Link]BlockBeats News, April 4th. According to Fortune, stablecoin blockchain startup Codex announced the completion of a $15.8 million seed round of financing, with Dragonfly Capital leading the investment and participants including Coinbase, Circle, Cumberland, Wintermute, and Selini Capital.
Codex will use the funding to build a blockchain specifically designed for stablecoins.
[Original Link]BlockBeats News, April 4th, Blockchain gaming platform Ultra announced the completion of a $12 million new funding round, with Luxembourg-based NOIA Capital participating through its digital asset fund.
Additionally, the company announced the appointment of Maxime van Steenberghe, former Partner at Circle Strategies, as Chief Operating Officer. The new funds will be used to support its blockchain-based platform similar to Stream for game distribution, as well as to recruit talent, expand and upgrade the platform, and pursue strategic acquisitions.
[Original Link]BlockBeats News, April 4th. According to CoinDesk, investment firm Republic is set to acquire cryptocurrency exchange operator INX Digital (INXDF) at a valuation of up to $60 million.
Republic's subsidiary, Republic Strategic Acquisition, will acquire all of INX's outstanding shares. The transaction is expected to be completed within eight months, subject to specific conditions.
Republic is already a shareholder of INX, having acquired 9.5% of the company in 2023. Upon completion of the transaction, Republic will be fully integrated into INX's operations.
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