Meridian Raises $4M Seed Funding to Catalyze DeFi Ecosystem on Movement Labs
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Meridian Raises $4M Seed Funding to Catalyze DeFi Ecosystem on Movement Labs

ByAlice Temper

Meridian, a decentralized liquidity marketplace and liquid staking protocol built on Movement, has secured $4 million in seed funding. The funding will be used to expand the global team across engineering, product, and marketing roles, supporting the platforms roadmap and gotomarket strategy. The round was led by ParaFi Capital and Borderless Capital, with participation from…

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HTX Ventures Invests in Lombard to Enhance Bitcoin Liquidity

ByAlice T

HTX Ventures, the global investment arm of the cryptocurrency exchange HTX, has strategically invested in Lombard, a restaking protocol aiming to increase Bitcoin liquidity and ecosystem. Lombards restaking product is built on top of the Bitcoin staking protocol Babylon, allowing individuals to utilize Bitcoin to secure other proofofstake networks. The protocol aims to transform Bitcoin…

OKX Ventures Invests in DLC.Link for Groundbreaking Bitcoin Cross-Chain Protocol
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OKX Ventures Invests in DLC.Link for Groundbreaking Bitcoin Cross-Chain Protocol

ByAlice Temper

OKX Ventures, the investment arm of OKX, has announced an investment in DLC.Link, a pioneering project that introduces the first native Bitcoin cross-chain protocol utilizing Discreet Log Contracts (DLCs) for DeFi protocols. DLC.Link enables Bitcoin to be utilized in DeFi while securely held in self-custody wallets, revolutionizing the Bitcoin ecosystem. DLC.Link partners with institutions to…