@CoinMarketCap Market Pulse | Weekend
Major Project Updates 🗓️
Prediction market,
#Polymarket , acquires CFTC-regulated exchange and clearinghouse for $112M, to re-enter the US market after the end of the probe by the Department of Justice.
Social analytics platform,
#KAITO , introduces Capital Launchpad, a new launchpad model that incorporates social reputation, on-chain holdings and more into user allocations.
EigenLayer releases Redistribution on mainnet, which allows slashed funds to be redistributed, rather than burnt. Stablecoin protocol, Cap, is the first to implement this new feature.
Solana liquid staking protocol,
#sanctum , releases Gateway, a transaction-focused infrastructure enabling full control and optimization over transactions on Solana.
VC Fundraises and Airdrops 💰
Data layer for physical AI, Poseidon, raises $15M in a seed funding round led by a16z crypto.
#Web3 gaming foundation, Delabs Games, raises $17.2M in a funding round led by Hashed, Spartan Group and TON Ventures, with support from Yield Guild Games, Merit Circle and more.
Collectibles
#marketplace , Courtyard, raises $15M in a Series A funding round led by Forerunner, with support from existing investors, NEA and Y Combinator.
Web3 domain platform, Freename, raises $6.5M in a Series A funding round led by Entree Capital, with participation from Polymorphic Capital, Blockchain Founders Fund and Sparkle Ventures
Pump.fun founder, Alon, states that the PUMP token airidrop will not occur in the immediate future, much to the dismay of regular pump.fun users.
$EIGEN $SOL $PUMP