Bitcoin-backed stablecoin developer Hermetica completed a $1.70 million funding round led by UTXO Management, with participation from CMS Holdings, Ethos Fund, Trust Machines SPV, Newman Capital, Silvermine and numerous angel investors. Hermetica has developed profitable synthetic dollar USDh to be issued on the Bitcoin network. The company intends to use the funding to support the USDh ecosystem, such as through custody partnerships and enhanced liquidity. Hermetica plans to use the funding to ...
Web3 AI platform Assisterr announced the completion of a $1.70 million Pre-Seed round of financing, Web3.com Ventures, Moonhill Capital, Contango, Outlier Ventures, Decasonic, Zephyrus Capital, Wise3 Ventures, Saxon, GFI Ventures, X Ventures, Koyamaki, Lucid Drakes Ventures participated, angel investors include 0g.ai co-founder and CEO Michael Heinrich, Aethir co-founder and CEO Mark Rydon, Eigen Labs director of developer relations Nader Dabit, SwissBorg co-founder Anthony Lesoismier-G.