Enjin raises $18.9 million to build a new NFT platform
The blockchain company Enjin has raised $18.9 million to develop a Polkadot-based platform for non-fungible tokens (NFTs).Polkadot is a technology designed to enhance the interoperability of various blockchains, such as Bitcoin and Ethereum, and integrate them into a single multiblockchain.
Enjin raises $18.9 million to build a new NFT platform
The blockchain company Enjin has raised $18.9 million to develop a Polkadot-based platform for non-fungible tokens (NFTs).
Polkadot-based Moonbeam team raises $6 million
PureStake, the developer of Moonbeam, a smart-contract platform on the Polkadot blockchain, has closed a $6 million strategic round of funding.
What is Polkadot (DOT)?
What is Polkadot? Polkadot is a technology designed to improve interoperability among different blockchains, such as Bitcoin and Ethereum, by uniting them in a single multichain network. The Polkadot network aims to solve key problems holding blockchain technology back from mass adoption, namely: Scalability. First-generation blockchains cannot process the vast number of transactions envisaged in […]
Dubai-based investment fund to divest $750m in Bitcoin to boost Cardano and Polkadot holdings
FD7 Ventures, a Dubai-based crypto investment fund with assets under management of $1 billion, announced plans to sell Bitcoin worth $750 million to increase holdings in Cardano and Polkadot.
DeFi protocol Centrifuge raises $4.3 million in funding with Galaxy Digital on board
The Centrifuge blockchain platform raised $4.3 million in a funding round under the SAFT model—a Simple Agreement for Future Tokens, a compromise fundraising model compatible with securities laws, tax regulations and the U.S. financial services sector. Decrypt reports.
Wall Street clients pile into Polkadot via ETPs
Clients of investment banks Goldman Sachs, JPMorgan and UBS were among the buyers of a Polkadot-based exchange-traded product (ETP) from 21Shares. CoinDesk reports, citing Bloomberg terminal data.
Equilibrium project to bring Curve Finance to Polkadot
The Equilibrium platform has begun work on implementing Curve Finance on Polkadot.
Digital Finance Group to Invest $20 Million in Polkadot Ecosystem Development
The venture firm Digital Finance Group (DFG) announced the creation of a dedicated $20 million fund that will back projects in the Polkadot network.
Binance Labs leads $2.4 million funding round for Plasm Network
Binance Labs, the blockchain incubator, has become the lead investor in Plasm Network, a smart-contract platform on the Polkadot blockchain with support for the Ethereum Virtual Machine and Layer 2 solutions, according to a press release.
21Shares to launch world’s first Polkadot-based ETP
The Swiss company 21Shares announced the launch of an exchange-traded product (ETP) based on Polkadot, aimed at institutional investors.We use cookies to improve the quality of our service.
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