Blockchain solutions provider Digital Asset and the Depositary Trust and Clearing Corporation (DTCC) recently completed a pilot project to tokenize US Treasury collateral on the Canton network. The project involved 26 market participants and completed 100 transactions, with the aim of improving settlement speed, ensuring privacy and complying with legal requirements. In the pilot program, participants exchanged U.S. Treasury bonds (US...
Ethernity, an entertainment-focused Layer 2 blockchain solution, has announced a $10 million grant program dedicated to revolutionizing the entertainment and creator economy by developing Ethernity's Layer 2, designed to support developers, founders, and startups building digital entertainment services on the Ethernity Layer 2 ecosystem, with a focus on gaming and entertainment products, blockchain infrastructure, entertainment infrastructure, DeFi tools, RWA, and education and outreach.
Layer 2 blockchain solution provider Kroma announced the completion of Series A financing, with participation from Asia Advisors Korea, Gate Ventures, ICC Venture, Planetarium, Presto, RFD Capital, Taisu Ventures, The Spartan Group, Waterdrip Capital, etc. The specific financing and valuation information have not been disclosed yet. Kroma, which is based on OP Stack, has launched a native account abstraction (AA) in the Superchain ecosystem to provide a seamless Web3 gaming experience. It is rep...