“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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The company is committed to pioneering a new standard that places technology and service at the forefront while upholding rigorous institutional risk management and compliance standards.
AlloyX allows protocols, DAOs, and institutional investors to build diversified investment strategies in real-world assets and gain access to attractive yields from tokenized credit pools.
The funds will be used to develop zero-knowledge blockchain infrastructure for enterprises, implement privacy-based frameworks for developers, and enhance Leo Wallet’s privacy technology and interoperability with other blockchains.
“The next generation of digital asset infrastructure needs to enable transparent proof of reserves, tri-party collateral management and instant on-chain settlements,” states Aya Kantorovich and Alexandre Elkrief, Fractal Co-Founders and Co-CEOs.
“If you’re raising in web3, you’ve gotta talk to Hack VC,” states Blake West, co-founder of Goldfinch Finance.