NewsListForTag
Drop Money, a liquidity staking protocol incubated by Lido, launched deINIT LST for Initia. This LST represents INIT-USDCLP positions and is staked on Enshrined Liquidity. Users can earn returns from INIT staking, INIT-USDC transaction fees, and Drop while maintaining full liquidity for use elsewhere in the Interwoven ecosystem.
Soter Insure, a digital asset insurance provider incubated by Further Ventures and WebN Group, completed the A round of financing, led by Galaxy, and participated in the investment by Brevan Howard Digital, Karatage, Token Bay, Pharsalus, etc. The specific investment amount has not been disclosed yet. Soter Insure mainly provides digital asset insurance products in the Web3 market for Financial Institution Group, covering areas such as smart contract failure. The new funds will be used to expand...
On February 13, Gam3GirlVentures, an Asian fund focused on Web3 game incubation, announced a strategic investment in YieldGuildGames (YGG), joining its ecosystem by purchasing YGG tokens directly from the market.
Binance Labs incubation project Grindery announced the launch of GX tokens on the pump.fun. It is reported that Grindery will have a new smart staking program and there may be a potential airdrop (currently unconfirmed). Grindery is one of the finalists in the Binance Labs Season 4 incubation program. It is a self-hosted EVM smart wallet project for Telegram.
Sentient AI, an artificial intelligence agent incubated by GameFi.org, announced the completion of $1.50 million financing, with Ape Terminal, GameFi.org, Polkastarter, ChainGPT, SuiPad, etc. The new funds are intended to support its token generation activities TGE and release the next generation Agent Launchpad. It is reported that Sentient AI has been integrated with Sui.
Data from analyst firm Artemis shows that the Coinbase-incubated Ethereum Layer 2 network Base outperforms all other blockchain networks in terms of single-day stablecoin trading volume. Meanwhile, Peter Schroeder first pointed out on X that on October 26, Base's single-day stablecoin transfers surpassed the typical leaders of Ethereum, Tron, and Solana for the first time, accounting for 30% of all stablecoin transfers.
Wirex Pay, a decentralized payment network incubated by Wirex, has announced that it has opened its app to some whitelisted users, which supports real-time payments using digital assets and can manage and use cryptocurrencies directly from non-custodial wallets.
Anduro, a multi-chain Layer2 network incubated by bitcoin miner Marathon Digital Holdings (MARA), has teamed up with tokenization specialist Vertalo to develop a platform called Avant for issuing and investing in RWA on the bitcoin blockchain. Avant is planning a pilot project to tokenize whisky barrels.
Binance Labs, Binance's venture capital and incubation arm, has invested in OpenEden, a physical asset (RWA) tokenized investment platform focused on building bridges to the new financial system.
Israeli crypto incubator Gems has reportedly raised $198 million to "discover the real gem of the Web3 space", with the funds raised reportedly going to Gems first three projects.
