This infusion of capital has propelled BitGo’s valuation to a formidable $1.75 billion.
Author: Ravi Kumar
Notable investors include Laser Digital (Nomura), DFG, Cadenza, and more, with continued support from a16z crypto, Tribe Capital, and Cygni Capital.
The project aims to enable users to manage their assets and data seamlessly across various blockchains from a single platform.
AltLayer’s no-code Rollups-as-a-Service launchpad empowers developers, beginners, and users to effortlessly craft personalized rollups within minutes
This open-source solution addresses the vulnerabilities faced by Ethereum validators in the Proof of Stake network, protecting them from slashable offenses caused by software bugs and user errors.
Shulga anticipates a transformative shift with PayPal’s entry, suggesting that the tech giant’s endorsement could reshape perceptions and enhance acceptability among both consumers and regulators.
The funding will primarily be utilized to advance the development of its pre-alpha testnet, which has already generated substantial interest with 190,000 signups on its waitlist.
“The shift toward digital currencies requires a stable instrument that is both digitally native and easily connected to fiat currency like the U.S. dollar,” states PayPal President and CEO, Dan Schulman.
The partnership aims to link KDDI’s αU metaverse project with PlayMining GameFi’s Play-and-Earn games, offering Web3 incentives to a wider audience.
The platform provides a seamless interface through which to buy, sell, swap, and earn across digital assets — including Bitcoin (BTC), Ethereum (ETH), USD Coin (USDC), USD Tether (USDT), PAX Gold (PAXG) and Tether Gold (XAUT), and will soon offer other novel asset classes such as tokenized real estate, sukuk and global stocks.