“The ability for holders to stake their bitcoin whilst retaining their keys is a significant breakthrough. It is a hard problem that has been solved by Babylon,” states Bullish Capital CEO, Alasdair Foster.
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By integrating gaming elements and social trading, the platform is democratizing the trading experience, breaking down traditional barriers to entry.
The solution, using industry-leading validator technology, enhances capital efficiency for institutions exploring staking, while addressing deep liquidity needs, transparency, security and compliance standards.
The latest funding round puts 1inch Network at $2.25 billion valuation.
The payment giant said that the crypto-backed payment cards will make it easier for consumers and corporates to spend cryptocurrency on physical or digital Mastercard payment cards.