Basit Omeiza
@omeiza
278 Following
35 Followers
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XION has announced an integration with Mercle
XION has integrated with Mercle, a decentralized identity platform. Through its integration, Mercle is bringing a new dimension of self-sovereign identity management to the ecosystem. Moreover, leveraging XIONβs Chain Abstraction, users can now seamlessly carry their digital identities and reputations across various blockchains and applications.
XION, built by Burnt, is an L1 chain that is purpose-built for consumer adoption. Burnt has raised $36M in three funding rounds (last at a $500M valuation) backed by Multicoin Capital, Animoca Brands, Morningstar Ventures, Sfermion, HashKey Capital, Arrington Capital, Circle Ventures, GoldenTree and others.
π xion.burnt.com/blog/xion-ecosystem-mercle-launch 0 reply
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Grass has closed Series A round led by Hack VC
Grass, a DePIN focused on verifying internet data, has closed a Series A round led by Hack VC. Other investors in the round include Polychain, Delphi Ventures, Lattice and Brevan Howard Digital. Grass, the flagship product of Wynd Network, revolutionizes internet connectivity by enabling users to monetize their unused network resources. Previously, it raised $4.5M in two funding rounds backed by Tribe Capital, Bitscale Capital, Big Brain Holdings, No Limit Holdings, Mozaik Capital and others.
π x.com/getgrass_io/status/1837497207798616248 0 reply
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Binance [BNB] has unveiled SOL liquid staking token - BNSOL
Binance has introduced BNSOL - Binance $SOL liquid staking token. BNSOL allows users to continue earning staking rewards while keeping the flexibility to trade, lend, or utilize their assets across various Binance products and external DeFi platforms.
Each BNSOL represents 1 staked SOL plus the accumulated staking rewards. Over time, as SOL staking rewards accumulate, the value of 1 BNSOL progressively exceeds that of 1 SOL.
Users can withdraw their BNSOL to their Web3 Wallet and explore Solana protocols that have integrated with BNSOL, such as Kamino, Solayer, Drift, Orca, Meteora, MarginFi, Raydium, Sanctum, Save, Jupiter, and Pyth. Current $BNB price is $544. Current FDV is $79.4B.
π binance.com/en/support/announcement/binance-introduces-bnsol-earn-sol-staking-rewards-and-unlock-liquidity-on-solana-de5969a9c20f42088fcf039101370e15 0 reply
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Huma Finance has raised $38M in Series A and Liquidity funding rounds
Huma Finance has raised $38M via Series A funding and liquidity funding. The equity round was led by Distributed Global. Other investors in the round include Hashkey Capital, Circle, ParaFi, Robot Ventures, Fenbushi Capital, Folius Ventures, Anagram, Race Capital, and TIBAS Ventures.
Part of this raise came as investments into high-yield real-world assets on the platform. For the RWA component, Stellar Development Foundation was the largest participant, dedicating $10M.
Huma Finance is the first Payment Financing (PayFi) network that payment financing by utilizing real-world assets to deliver instant liquidity. In 2023, it has raised $8.3M in seed funding backed by Race Capital, Distributed Global, ParaFi, Circle Ventures, and Robot Ventures.
π blog.huma.finance/huma-raises-38m-to-hyper-scale-its-payfi-network 0 reply
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Gunzilla Games [GUN] has released Off the Grid soundtrack from Grammy winner Lorne Balfe
Lorne Balfe, a Grammy winning composer and musician, has created music for an official soundtrack for Off the Grid game. The OST is now available on Spotify, Apple Music and other platforms. Off the Grid is a next-gen cyberpunk-styled F2P battle royale game built on the GUNZ blockchain, and coming to PlayStation 5, XBOX, and PC.
Previously, Gunzilla Games has unveiled the OTG Pioneers Program. It will provide the exclusive opportunity to community members to play Off The Grid game pre-release and get exclusive rewards crafted specifically for members.
Gunzilla Games is a game developer behind βOff The Gridβ, a AAA Battle Royale and gaming-focused blockchain GUNZ.Β It has raised $76M in two funding rounds backed by CoinFund, Blizzard Fund, Morningstar Ventures, Republic Capital and others.
π x.com/playoffthegrid/status/1831995766983774360 0 reply
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