@venturevillagewall · Post #4201 · 02/20/2025, 04:00 PM
Raising Funds for Innovative Projects 🔹 Nil Foundation raised $600k in a public sale for its zkSharding Ethereum Layer 2 technology. 🔹 SoloAI, an AI music platform, secured $2M in seed funding led by HongShan. 🔹 Mansa, a DeFi platform focused on Africa, raised $3M in a pre-seed round with Tether's leadership. 🔹 ResearchHub, a tokenized social network, garnered $2M from BoostVC. 🔸 SEC has approved Figure's YLDS, the first interest-bearing stablecoin, registered as a security with a 0.5% annual yield. Users must complete KYC for daily returns. Read more 🔸 SEC is intensifying efforts on crypto staking regulations and is seeking industry memos for upcoming guidance. More details 🔸 A joint venture for a stablecoin license in Hong Kong has been formed between Standard Chartered, Animoca Brands, and HKT. Explore the partnership #Ethereum#DeFi#AI#Stablecoin#Crypto#VC#Web3#Fundraising#Funding#KYC#SEC#HongKong#CryptoRegulation#MusicTech#CrossBorderPayments#TokenizedEconomy#Innovation#TechInvestment#Blockchain#InvestmentOpportunity