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shuichen
@shuichen
Coinbase Ventures has invested $1 million in a strategic funding round for Ampleforth Foundation’s decentralized low-volatility commodity money, SPOT. SPOT is set to launch on the Coinbase-incubated Ethereum Layer 2 Network Base as part of the deal. Flatcoin technologies like SPOT, designed to track the cost of living, have been described by Coinbase CEO Brian Armstrong as the “next iteration of stablecoins.”
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