coinlynch
@coinlynch
330 Following
1064 Followers
0 reply
1 recast
154 reactions
0 reply
2 recasts
546 reactions
0 reply
2 recasts
345 reactions
0 reply
9 recasts
669 reactions
0G Labs 👀
Crypto-AI startup 0G Labs raises $40 million seed and receives $250 million token purchase commitment
Zero Gravity Labs (0G Labs or 0GL), a crypto-AI startup developing infrastructure for a decentralized AI system, has announced $290 million in new funding. This includes a $40 million seed round raised by the Labs and a $250 million token purchase commitment received by the 0G Foundation, the independent governance body for the 0G Protocol.
Investors include Hack VC, Delphi Digital, OKX Ventures, Samsung Next, Bankless Ventures, Animoca Brands and its co-founder Yat Siu, Polygon and its co-founder Sandeep Nailwal, Stanford Blockchain Fund, Abstract VC, Alchemy, Blockdaemon, Foresight Ventures and many others, 0G Labs said Wednesday. It did not specify which investors participated in the seed round and which provided the token purchase commitment.
https://www.theblock.co/post/326241/crypto-ai-startup-0g-labs-funding-token-commitment 0 reply
0 recast
526 reactions
0 reply
0 recast
532 reactions
0 reply
0 recast
583 reactions
Pharos 👀
Layer 1 blockchain developer Pharos raises $8 million 💰in seed funding
Pharos, a developer of a Layer 1 blockchain targeting fintech use cases, has raised $8 million in a seed funding round.
Lightspeed Faction and Hack VC co-led the round, with SNZ Capital participating as a strategic anchor investor, Pharos said Friday. Additional investors include Reforge, Dispersion Capital, Hash Global, Generative Ventures, MH Ventures, Zion and Chorus One.
Pharos began raising money for this round in July and closed it in September, co-founder and CEO Alex Zhang told The Block. The round was structured as a simple agreement for future equity (SAFE) with token warrants, Zhang said, declining to disclose the post-round valuation.
https://www.theblock.co/post/325246/layer-1-blockchain-pharos-seed-funding 0 reply
1 recast
472 reactions
0 reply
0 recast
646 reactions
1 reply
0 recast
561 reactions
0 reply
12 recasts
897 reactions
0 reply
0 recast
643 reactions
Citrea 👀
Citrea Raises $14M to Expand Bitcoin Beyond Digital Gold
Citrea is the first to expand Bitcoin from a passive store of value to an active, programmable asset by introducing a secondary layer solution using zero-knowledge technology.
Citrea , the first solution to make it possible to build anything on Bitcoin, today announced its $14M Series A funding round, led by Peter Thiel's Founders Fund, with participation from Erik Voorhees, Balaji Srinivasan, Jameson Lopp, Maven11, and other prominent angel and venture investors.
Citrea has also launched its exclusive developer program, 'Citrea Origins ', bringing together a select group of developers to build applications on Citrea—the only platform for expanding Bitcoin's utility.
https://www.prnewswire.com/apac/news-releases/citrea-raises-14m-to-expand-bitcoin-beyond-digital-gold-302289029.html 0 reply
0 recast
745 reactions
0 reply
0 recast
767 reactions
$AUSD on injective 👀
Agora to Launch Native US Dollar Stablecoin💵 on Injective🥷
Agora, co-founded by Nick Van Eck, tethers AUSD to assets backed by Van Eck and custodied by State Street; AUSD bolsters liquidity between DeFi and TradFi markets
Injective, the blockchain optimized for finance, today announced the launch of its first native stablecoin on the Injective blockchain: Agora’s fully collateralized U.S. digital dollar, AUSD. Backed by VanEck and custodied by State Street, AUSD offers users one of the industry’s foremost stable assets to facilitate efficient transactions between Injective and primary markets.
AUSD provides users with an easy way to acquire, trade, sell, and more without the need for any additional bridging or compatibility impediments. Upon integration, AUSD will be widely available across the Injective ecosystem to build towards a vision of creating a more secure= and inclusive financial system.
https://blog.injective.com/en/agora-to-launch-native-us-dollar-stablecoi 0 reply
0 recast
846 reactions
0 reply
0 recast
560 reactions
0 reply
1 recast
347 reactions
0 reply
0 recast
199 reactions
0 reply
0 recast
234 reactions
0 reply
1 recast
233 reactions