Nick Neuman, CEO and co-founder of Casa, a Bitcoin self-custody services company, recently reported a case in which Casa helped a customer avoid losing funds due to a fire. On social media, Neuman stated that the Casa emergency line received a call from a customer who lost his seed phrase in the fire. Nonetheless, this […]
SMARDEX Attracts $4.5 Million in Public Seed Round for Revolutionary Synthetic US Dollar
PRESS RELEASE. Montreaux, Switzerland, December 12, 2024—SMARDEX, a decentralized finance platform funded by Swiss Web3 pioneer RA2 TECH, is announcing the launch of USDN after two years of intensive development and $ 12 million of investment. The platform’s public seed round has attracted an additional $ 4.5 million in TVL in the immediate …
Hermetica Raises $1.7M in Seed Round to Fuel Stablecoin Expansion
Hermetica, the creator of USDH, a Bitcoin-backed, yield-bearing synthetic dollar, has secured $ 1.7 million in seed funding. The round, led by UTXO Management, will accelerate the development of USDH, a stablecoin that operates on Bitcoin’s layer one (L1) and layer two (L2) networks. USDH Gains Momentum as Hermetica Raises $ 1.7 Million …
WSPN Secures $30M Seed Funding, Former Visa President Joins Board
WSPN (Worldwide Stablecoin Payment Network), a leading provider of next-generation stablecoin infrastructure, has achieved a significant milestone in its mission to revolutionize the stablecoin market. The company has recently secured $ 30 million in seed funding, and appointed John Partridge, former President of Visa Inc., to its Board of Directors. The seed funding round …
Holonym Foundation Emerges With $5.5 Million Seed Funding to Provide Global Digital Personhood With Human Keys
PRESS RELEASE. 17th August, 2024: Holonym Foundation, an organization building the next generation of digital identity security for the decentralized web, is announcing the completion of a successful $ 5.5 million seed funding round. The funding round was led by Finality Capital and Paper Ventures, with significant participation from Draper Dragon, Arrington Capital, Lightshift, …