Open-source Universal Transaction Layer lets users and developers work with multiple blockchains without bridges or oracles

Partnership aims to simplify crypto market navigation and provide users with comprehensive token data

Kroma, a prominent Layer 2 blockchain solution provider, has successfully completed its Series A funding round and publicly announced the participation of a diverse group of investors. The round secured backing from Asia Advisors Korea, Gate Ventures, ICC Venture, Planetarium, Presto, RFD Capital, Taisu Ventures, The Spartan Group, Waterdrip Capital, and other additional partners have also participated in this round. Kroma is Asia’s leading Layer 2 solution, designed to make Web3 accessible through intuitive, gamified real-life...

IDA, a premier Hong Kong-based digital asset company, has raised USD6 million in a seed funding round led by prominent blockchain investors CMCC Global, under its Titan Fund, and Hashed. This capital injection will enable IDA to advance the development and launch of its first fiat-referenced stablecoin, HKDA, which is designed to be regulated in Hong Kong. Additional participants in this round also include Hack VC, Anagram, GSR, Protagonist, Brinc, Chorus One, Kenetic, SNZ, and Yolo Investments as well as notable angel investors, such as Raj Gokal, Co-founder of Solana.  Aside from providing funding, leading blockchain...

Platonic, a blockchain infrastructure technology company, proudly announces the launch of its cutting-edge decentralized tokenization platform. Developed to empower financial institutions, Platonic’s platform enables the tokenization of a wide range of assets with unprecedented levels of data privacy and security. The company is positioned to be a driving force in the technological evolution of the financial services industry. Platonic is reinventing tokenization in capital markets. Its patented Layer 1 blockchain prioritizes security and client data...

Anchorage Digital First Institutional Custodian to Support ZKsync Asset Custody, Governance

Binance leaps into action to support other industry players and users; surpassing 2023 totals as market sees an influx of users new to crypto investing

Binance Labs, the venture capital and incubation arm of Binance, has invested in Solayer, a leading restaking network on Solana. Their aim is to empower on-chain decentralized applications (dApps) with improved network bandwidth while securing the L1 at the same time. Built natively on Solana, Solayer leverages the economic principles of proof-of-stake to extend the security of Solana’s base layer towards other decentralized systems and dApps. This innovative approach enables users to participate in a...