Solana-Based Defi Margin Trading Protocol Raises $3 Million in Seed Funding

Solana-Based Defi Margin Trading Protocol Raises $3 Million in Seed FundingOn Wednesday, the team behind Solana-based decentralized finance (defi) margin protocol Marginfi, announced Mrgn Labs has raised $3 million in seed funding from investors. With the recently acquired funds, Marginfi aims to build the first cross-margining engine on the Solana blockchain. Mrgn Labs Gets $3 Million in Funding From Strategic Investors Mrgn Labs has revealed […]

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Boringdao Raises $1.4M: Project’s Tokenized BTC Bridge Backed by 200% Collateral

Boringdao Raises $1.4M: Project's Tokenized BTC Bridge Backed by 200% CollateralThere’s a new tokenized bitcoin project coming to the decentralized finance (defi) ecosystem that’s recently received $1.4 million from blockchain investors. The project called Boringdao, a decentralized bridge between Ethereum and alternative blockchains, plans to launch the company’s bBTC tunnel this month in order to introduce another tokenized bitcoin. On October 8, 2020, the Boringdao […]

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In the Daily: Fidelity Investments, London Stock Exchange Group, Sofi

In this edition of The Daily we feature a number of traditional financial companies that are stepping into the crypto assets world. Fidelity Investments backs Coin Metrics, London Stock Exchange Group funds tokenization platform Nivaura and Sofi is set to add crypto support. Also Read: Top Business School in India to Offer Advanced Blockchain Program […]

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