Plume Network, a full-stack modular Layer 1 blockchain platform focused on real-world asset financing (RWAfi), announced the launch of the $25 million RWAfi Ecosystem Fund to support the tokenization of real-world assets on its platform and early-stage RWAfi projects, with the aim of advancing RWA tokenization and market-based DeFi solutions for real-world assets such as treasury, GPU, luxury goods, and private credit. It is reported that Galaxy Digital, Superscrypt, Reciprocal Ventures, Mechani...
Trrue, an L1 blockchain focused on ESG compliance and physical asset tokenization, announced a $10 million investment commitment from GEM Digital. In exchange, GEM Digital will receive TRRUE tokens. Trrue is currently selling a total of 300 million TRRUE tokens at $0.10 on multiple launchpads and plans to go live on December 27. Owen O'Driscoll, CEO of the project, said the financing will be used for product development, ecosystem expansion and token exchange launch. GEM Digital is a $3.40 billi...
The Hashgraph Group (THG) announced an undisclosed investment in Settlemint, a blockchain development company focused on enterprise use cases. Currently, Settlemint supports eight blockchains, and plans to add integration with Hedera. The company completed a 16 million euro A round of financing in 2022.
According to a report released by CoinShares, Ethereum's trading demand is concentrated in a few speculative application scenarios, limiting its long-term value growth. The report points out that while the Ethereum ecosystem is expanding, the main driver is users' willingness to pay for transactions, especially on decentralized exchanges such as Uniswap, where transaction fees account for more than 90%. At the same time, stablecoin transactions have also become one of the core activities of the ...
Blockchain startup Space and Time has closed a $20 million Series A round led by cryptocurrency-focused VC firms Framework Ventures, Lightspeed Faction, Arrington Capital and Hivemind Capital. Space and Time previously raised $20 million in September 2022, led by Microsoft's M12 Ventures, which also participated in the Series A.
The US State Department: We will continue to focus on diplomacy and seek to avoid any form of escalation between Israel and Hezbollah.
Libre, a startup focused on asset tokenization, is adding a slew of blockchain-based funds to the Solana network, including the first Hamilton Lane Credit Fund. Libre is a joint venture between hedge fund Brevan Howard's WebN Group and financial services giant Nomura's Laser Digital. Libre said that adding the company's tokenized gateway to the Solana blockchain will for the first time give users access to the Hamilton Lane SCOPE fund on-chain, as well as the Brevan Howard Master Fund and Blackr...
Decent Land Labs, a sovereign Layer 1 blockchain development company focused on solving EVM storage issues, announced the completion of a $3 million financing round, with participation from Foresight Ventures, LD Capital, Big Brain Holdings, and Longhash Ventures, Web3.com Ventures. Decent Land Labs aims to combine EVM compatibility with Arweave's scalable storage to provide EVM and Arweave blockchain developers with permanent data storage and full interoperability. It is reported that the compa...