Search results for "PRIME"

Guggenheim uses the Zeconomy platform to issue digital commercial paper on the XRPL.

Gate News bot message, the Digital Commercial Paper DCP has been launched on the XRP Ledger ( XRPL ). This paper is a fixed-income asset backed by U.S. Treasury securities, rated Prime-1 by Moody's. DCP is managed by Guggenheim Treasury Services, which is one of the "largest independent commercial paper platform management companies in the world and a wholly-owned subsidiary of Guggenheim Capital, LLC. DCP is tokenized, issued, and managed through the Zeconomy platform.
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Thumzup: will use Coinbase Prime as the Bitcoin accomplice and primary broker.

Golden Finance reports that Nasdaq-listed Thumzup Media Corporation announced it will use Coinbase Prime as the Bitcoin custodian and primary broker. The company also disclosed that as of May 12, it holds 19.106 Bitcoins, with a market capitalization of approximately $2 million. Previously, Thumzup announced plans to increase its maximum total issuance amount to $500 million to acquire more Bitcoins.
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TRON founder Sun Zhengyi stepped in to assist with a reserve fund of $456 million for TUSD.

Gate.io News bot reports that according to CoinDesk, the latest documents reveal the key role of TRON founder Sun Zhengyi in the TUSD stablecoin crisis. When TUSD's $456 million reserve funds were frozen, Sun Zhengyi provided emergency assistance. These reserve funds were originally held by the Prime Trust custodian, which ceased operations in June this year. Documents show that Masayoshi Son provided equivalent funding support to TUSD through entities he controls to maintain TUSD's stable operations. This event occurred before the bankruptcy of Prime Trust, when TUSD was facing the dilemma of inaccessible reserve funds.
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Bitcoin mining company MARA allocates 500 BTC to Two Prime management revenue strategy.

Bitcoin mining company MARA Holdings has partnered with the SEC-registered Bitcoin investment advisor Two Prime to allocate 500 BTC for the latter's management strategy. MARA plans to expand its Bitcoin holdings through a $2 billion stock issuance, while Two Prime has $2.5 billion in capital.
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Bitcoin mining company MARA allocates 500 BTC to Two Prime's yield strategy.

Bitcoin mining company MARA Holdings has partnered with SEC-registered investment advisor Two Prime to allocate 500 BTC as part of a management yield strategy to further expand its Bitcoin holdings. Two Prime has $2.5 billion in capital and creates returns for institutional investors through Bitcoin derivation strategies.
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The founder of Compound transferred $7.17 million worth of COMP tokens to Coinbase Prime.

According to the Gate.io News bot, data monitored by Arkham shows that a wallet address suspected to belong to Compound founder Robert Leshner, 0x63…0270, transferred 166,500 COMP tokens to Compound's Coinbase Prime Deposit account today at 9:17 UTC+8, with a total value of approximately $7.17 million. The data shows that this batch of COMP tokens originated from the end of December last year and the end of January this year, transferred to this Wallet Address by Robert Leshner and Galaxy Digital. Source: Wu Says
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The AI interaction protocol Wayfinder has launched a new badge for PRIME holders.

Wayfinder announced the launch of a new badge, the Avatar Badge, requiring stakers to hold the Avatar to retain bonuses. Some community members have received the unique "Community Builder" badge for actively promoting Wayfinder. These initiatives are aimed at advancing the token generation event (TGE).
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Pendle launches Community Launch, taking an important step towards a completely autonomous permissionless yield market.

Pendle launched its Community Launch on March 6, opening up external protocol deployment revenue markets, taking a crucial step towards autonomous revenue markets. Users will have more asset choices on Pendle, including the Pendle Prime market, which offers more secure and competitive investment options.
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Galaxy Digital has become a core contributor to Function and a participant in the seed round financing

Function announced that Galaxy Digital has joined ƒBTC as a core contributor and will become a "Function Seed Funding Participant". This move will strengthen the foundation of Function, making ƒBTC the financial primitives of BTC, achieving capital efficiency, high liquidity, and seamless integration across markets.
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Ethereum Foundation: The treasury funds will explore more possibilities such as ETH staking in the future

BlockBeats news, on February 13th, the Ethereum Foundation officially stated that '10,000 ETH has been deployed to Spark, 10,000 ETH to Aave Prime, 20,800 ETH to Aave Core, and 4200 ETH to Compound. More to come in the future, including exploring stake.'
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Dinari completed a $12.7 million Series A financing, focusing on Blockchain securitization services.

According to Gate.io News bot and a report by Fortune, the cryptocurrency company Dinari recently completed a $12.7 million Series A funding round. This round of financing was co-led by Hack VC and Blockchange Ventures, with participation from VanEck Ventures, F-Prime, and Avalanche Fund. After this round of financing, Dinari's total financing amount reached 22.65 million USD. The company mainly provides blockchain technology-based US company stock purchasing services for non-US investors.
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Blockchain financial company Dinari completed $12.7 million in Series A financing, led by Hack VC and others.

The blockchain financial company Dinari has completed a $12.7 million Series A financing round, led by Hack VC and Blockchange Ventures, with participation from VanEck Ventures, F-Prime, and Avalanche Fund. The company's total financing has reached $22.65 million, with a valuation of $40.15 million in 2024. Although the latest valuation has not been disclosed, it has already achieved profitability.
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Digital asset derivation company Two Prime: no longer accepting ETH lending, focusing exclusively on BTC.

The digital asset derivation company Two Prime has decided to focus on Bitcoin asset management and lending, abandoning development on ETH. They believe that the value proposition and community culture of ETH have failed, and its correlation with Bitcoin has dropped, making the risk-return unreasonable. For algorithmic trading and ETH-supported lending, the performance of ETH has become unpredictable.
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Blockchain reconciliation and encryption payment company Holyheld has completed a new round of financing, with participation from Polygon, etc.

Swiss Block company Holyheld has announced the completion of a new round of financing, including investors such as Toyota Ventures, TempleDAO, Tomahawk VC, Prismatic Capital, Zee Prime Capital, Polygon, Kosmos Ventures, Moonlanding Ventures, and the specific amount of financing has not been disclosed. The new financing will be used to support its construction of the BRRRprotocol, aimed at connecting public blockchain networks, traditional payments, and card networks to create a global real-time payment layer.
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Wayfinder: The remaining PROMPT rewards for PRIME stake users will be distributed every Thursday, continuing until June 2027.

The Wayfinder Foundation plans to distribute PROMPT tokens to users of the PEIME staking reward pool weekly, with the distribution occurring once a week at an undetermined time, but it is promised to take place weekly before June 2027. Approximately 28% of the PROMPT tokens have been distributed previously, and about 72% will be distributed in the future.
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Olas secures $13.8 million in funding with 1kx as the lead investor.

Olas, a self-owned artificial intelligence agent platform, has raised $13.8 million in funding to support the launch of its Pearl agent application store, which aims to democratize the artificial intelligence agents owned by users. Users can directly own and control their artificial intelligence agents on-chain for use cases such as autonomous social media accounts or Decentralized Finance transactions. The funding was led by 1kx and participated by multiple institutions.
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BIO Protocol announced the former MakerDAO founding team member joining to be responsible for BioDAO's AI agency business

BlockBeats News, on December 31, according to official sources, BIO Protocol announced that seanwbren.eth, a former member of the founding team of MakerDAO, has joined and is responsible for the AI agency business of BioDAO. BIO Protocol stated that BIO integrates different AI technologies, including using the ElizaOS framework for maximum integration, closely following Prime Intellect to use its model when available, and in SciGraph of ID Theory.
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Sigma Prime: Lighthouse 7.0 light client stable release coming soon

The Ethereum 2.0 client Lighthouse team has announced default light client support, making trust-minimized wallets more feasible. Beacon node share is expected to increase to 30-40%, Lighthouse v7.0.0-beta.3 fixes bugs and recommends Holesky node upgrades. Lighthouse 7.0 will be released soon.
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Ethena completed a $100 million financing in December, with participation from Franklin Templeton and others

ChainCatcher news, according to Bloomberg, sources said that Ethena completed a $100 million financing in December last year. This round of financing was participated by institutions such as Franklin Templeton and F-Prime Capital, a venture capital firm under Fidelity Investments. It is reported that the project plans to use this round of financing to launch a new stablecoin product for traditional financial institutions.
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