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 (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 …
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, …
NPC Labs, an onchain product distribution platform founded by former members of Base, has successfully raised $ 18 million in a Seed Round led by Pantera Capital. The funding round saw participation from prominent investors such as Makers Fund, Hashed, Collab+Currency, Sfermion, Mirana Ventures, Bitscale Capital, and Mantle Ecofund. This latest funding round brings …
Sentient Labs, a UAE-headquartered startup, has successfully raised $ 85 million in seed funding. The funding round was spearheaded by billionaire Peter Thiel’s Founders Fund and Pantera Capital, with additional participation from Framework Ventures. Sentient Labs stands out by merging decentralized blockchain features with cutting-edge AI technology, aiming to challenge existing norms and create …