{
}
Qubetics, AAVE, and Render are emerging leaders in the cryptocurrency space, each offering unique innovations. Qubetics enhances financial accessibility with its user-friendly wallet and plans for debit card integration, while AAVE solidifies its DeFi position through expanded capabilities. Render revolutionizes 3D rendering by connecting creators with idle GPU power, catering to the growing demand in gaming and the metaverse.
Avalon Labs has secured $10 million in Series A funding, led by Framework Ventures, to enhance its Bitcoin-backed stablecoin USDa and expand its DeFi ecosystem. With a total value locked (TVL) of $700 million, USDa is positioned as a significant player in collateralized debt, aiming to bridge Bitcoin's value with broader financial applications. The startup plans to attract both retail and institutional users by offering competitive returns and innovative financial solutions.
OKX Ventures has invested in USUAL, a decentralized stablecoin protocol that integrates Real-World Assets (RWAs) to enhance DeFi with governance and ownership features. Its flagship product, USD0, is backed by tokenized RWAs like U.S. Treasury Bills, promoting a new model of liquidity and value distribution.USUAL empowers users through decentralized governance, allowing them to influence decisions and share in financial success, contrasting with traditional stablecoin issuers. Collaborations with industry leaders and DeFi platforms further bolster its ecosystem, making traditional financial products accessible in the decentralized landscape.
Gate Group has acquired Coin Master Co., Ltd., renaming it Gate Japan, marking its entry into the regulated Japanese crypto market. This strategic move leverages Coin Master's established reputation for security and compliance, aiming to enhance digital asset services while adhering to Japan's stringent regulations. The acquisition aligns with Japan's exploration of lighter crypto regulations to foster innovation and investor protection.
Avalon Labs has raised $10 million in a Series A funding round to enhance the adoption of its Bitcoin-backed stablecoin, USDa, and expand its decentralized finance offerings. Unlike fiat-backed alternatives, USDa allows users to collateralize Bitcoin holdings at a fixed borrowing rate of 8%, providing liquidity while maintaining exposure to Bitcoin's price appreciation. Since its launch in November 2024, USDa has gained significant traction, surpassing $700 million in total value locked and becoming the second largest collateralized debt position project globally.
Usual, a decentralized stablecoin protocol, has secured $10M in a Series A funding round led by Binance Labs and Kraken Ventures, with participation from various notable investors. The protocol has surpassed $1.4B in Total Value Locked and ranks among the top 5 stablecoins, pioneering a new era for fiat-backed stablecoins by blending real-world asset security with DeFi's liquidity. With a community-first approach, Usual aims to expand its influence in both DeFi and CeFi, committing 90% of its token allocation to users.
Winna.com, a crypto-focused casino platform launched in summer 2024, has secured $15 million in seed funding to enhance its offerings and accelerate growth. With over 10,000 active players, the platform emphasizes privacy, trust, and provably fair gaming, featuring a diverse range of games and a commitment to fast payouts. CEO Paul Martens envisions transforming online gaming through innovative crypto games and an exceptional VIP program.
Avalon Labs has secured $10 million in a Series A funding round led by Framework Ventures to enhance its bitcoin-based stablecoin, USDa, which maintains a value pegged to the U.S. dollar. The platform currently serves over 200,000 users and manages more than 20,000 bitcoins, aiming to transform bitcoin into a more liquid financial instrument. In addition to USDa, Avalon offers bitcoin-backed loans, yield-generating savings accounts, and credit cards.
Best Wallet has raised over $5 million in its presale for the BEST token, aimed at providing a cross-chain storage solution with multi-chain compatibility and advanced trading tools. The presale, currently priced at $0.0233 per token, allows staking, with over 63 million BEST already locked. The platform supports over 60 blockchain networks and features an integrated DEX for optimal trading rates, while future plans include a crypto debit card and advanced portfolio management tools.
Mike Ippolito of Blockworks predicts a resurgence for Ethereum and Solana, with the U.S. leading the global crypto scene by 2025. He anticipates a significant rise in stablecoins, a shift in Solana's issuance policy due to inflation concerns, and a growing focus on AI tokens. Crypto VC funding is expected to reach $20–$25 billion, while Robinhood may rival Coinbase as the top U.S. exchange.
Venture Capital
SubCategory
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
transforming investments with innovative blockchain solutions in finance and 3d rendering
17:15 24.12.2024
avalon labs raises 10 million to enhance bitcoin backed stablecoin and defi ecosystem
12:00 24.12.2024
OKX Ventures Invests in USUAL to Innovate Decentralized Stablecoin Market
07:56 24.12.2024
gate group acquires coin master to enter japanese crypto market
07:00 24.12.2024
avalon labs raises 10 million to boost bitcoin backed stablecoin adoption
20:11 23.12.2024
Usual secures 10 million in Series A funding led by Binance and Kraken
United States Dollar
BlackRock, Inc.
Kraken Energy Corp.
Coinbase Global, Inc.
FRA
Adli Takkal
Show more
19:59 23.12.2024
crypto casino platform winna secures 15 million in seed funding
19:58 23.12.2024
avalon labs secures 10 million to enhance bitcoin based stablecoin services
18:50 23.12.2024
Best Wallet raises over 5 million dollars in token presale for Web3 solution
18:31 23.12.2024
Ethereum and Solana poised for growth as Bitcoin faces market shifts
17:26 23.12.2024
Trending
Subcategory
Corporate News
Industry Trends
Startups & Entrepreneurship
Retail and Consumer Goods
Supply Chain Management
Global Trade Developments
Stock Market Updates
Government Economic Policies
Industry Mergers & Acquisitions
Energy Sector Developments
Workplace Trends
Funding Rounds & Investments
CEO Changes
AI Applications
Private Equity Deals
Emerging Startups
Fintech Startups
AI Innovations
Global Financial Events
Central Bank Actions
Countries:
Companies:
Apple Inc.
Google Inc.
Tesla, Inc.
Amazon.com, Inc.
Microsoft Corporation
Tesmec S.p.A.
Alphabet Inc.
OpenAI ERC USD
Walmart Inc.
SWIGGY LIMITED
TENCENT
NVIDIA Corporation
Foxconn Technology Co., Ltd.
Hollywood Bowl Group PLC
NASDAQ Composite
Wise plc
Mastercard Inc
Bose Corporation
Mistral 1
Fast Retailing Co., Ltd.
Currencies:
United States Dollar
Indian Rupee
Chinese Yuan
Euro
Japanese Yen
British Pound Sterling
United Arab Emirates Dirham
Vietnamese Đồng
South Korean Won
New Zealand Dollar
Saudi Riyal
Thai Baht
Australian Dollar
Indonesian Rupiah
Singapore Dollar
Omani Rial
Bahraini Dinar
Qatari Riyal
Algerian Dinar
Egyptian Pound
People: