May 12th, 2021 – Jenny, the first Metaverse DAO and social token on Unicly, has announced the completion of a $7 million pool led by prominent VCs Multicoin Capital, Ascensive Assets, Animoca Brands and Metapurse (by Metakovan). Funds will support Jenny DAO’s NFT collection on Unicly, the SushiSwap-based AMM for trading shared ownership in NFTRead More
Qredo, a new decentralized digital asset management infrastructure & product suite, today announced the close of an $11 million seed round led by a diverse group of investors including G1, Gumi Cryptos, Maven 11, Spartan Group, 1kx, and Kenetic. “The next generation of DeFi players will be institutions and these companies are actively looking for ways to enter the crypto market […]
Alkemi Network has announced the launch of Out of Stealth – the liquidity network which offers institutional Decentralized Finance (DeFi) facility to customers. What makes this launch special is that the network is the world’s first such decentralized liquidity network and now live on the mainnet. In the run-up to its launch, Alkemi is involved …
Alkemi Network, an on-chain liquidity network with a suite of tools and products that serve as onramps to participate in decentralized finance, today announced it is officially launching out of stealth. After closing a $4.6 million investment round with over $5 million of liquidity deposits seeded to the network; Alkemi is live on mainnet. The […]
yAxis earns returns on USD stablecoin through its yield farming portfolio. Today, yAxis begins incentivizing the vault with YAXIS tokens that will increase the potential returns on deposits. Making DeFi Easy yAxis aims to make DeFi easy and accessible. The vault allocates capital across multiple yield aggregators like Yearn, Idle, Curve, to secure attractive long-term …
NAOS Finance, one of the most exciting DeFi projects in 2021, recently announced that they successfully closed a private funding round, through which they raised $5.1 M from strategic investors. This success is an indication of investor confidence in the project as only a few projects have managed to raise such a huge amount. The […]
SushiSwap is one of the more innovative DeFi products on the market and is led by some of the most reputable smart contract developers in the space, which speaks to the credibility of the platform.