- 1 billion more REEF exchanged with Paribu - Met with a marketing/KOL agency, two fiat on-ramp providers, and one AI agency - Secured at least $1 million in a new fundraise with Pinnacle Ventures - Discussed next steps with two fiat on-ramp providers - Saw development progress from two centralized exchanges in integrating Reef Chain - Released build 30 of Reef Chain Wallet for Android - Started receiving funds from Pinnacle Ventures - Started submission process of Teef Chain Wallet for iOS - Bought a ticket for a conference happening in May - Development work continues on DAO coordination platform and new incentive program - Received approximately 10.5 million REEF-BSC from MEXC - Picked which fiat on-ramp provider to move forward with; proceeding with paperwork - Began registering two new entities, including one for the new investment fund - Restarted conversations with some old partners - Working on new relationships with companies who will introduce projects to Reef Chain - Work on Reef’s for the Ledger hardware wallet began - Set up meetings with a media company and a game developer
- Had a meeting with someone hosting a crypto conference in European in June; was invited to speak - Met with a DePIN/nature project that’s fundraising and looking at which blockchain to deploy on; encouraging them to deploy on Reef - Met with a team that offers market-making and advisory services - Still in discussions with several teams who can help get the labs entity registered and funded - 490 million REEF token swap completed with Paribu; next swap is being arranged - More discussions with centralized exchanges about switching to supporting Reef Chain - Received the first iteration of Reef’s integration into VIA Labs’ Proto-USD bridge; testing completed and feedback provided - Published video of the panel that Reef was part of at Web3 Amsterdam - Booking meetings with several projects looking to expand to new chains - Identifying new and more ways to notify legacy REEF holders about the bridge to Reef Chain - Several new builds of Reef Chain Wallet for Android and iOS - Latest Android build should be completely bug-free - If testing goes well, iOS app should be submitted to App Store this month - In discussions with some VCs to raise some funding for the core team, allowing us to put more money into existing and new initiatives; no details to share at this time - Published video of the solo talk we had at Web3 Amsterdam
At @web3amsterdam 2025, leaders from #ReefChain, @RujiraNetwork, @venga_app & @Toobit_official dive deep into blockchain UX, onboarding, and simplifying crypto for the masses.
- Put together a new, centralized doc for CEXs that are integrating Reef Chain; supplied the doc to three CEXs - @WhiteBit publicly confirmed they will switch over to supporting REEF on Reef Chain - Development on the Reef app for Ledger hardware wallets will soon is underway thanks to an anonymous donor - We held meetings with multiple individuals and entities this week including: - a previous founder and well-connected individual who could help us fundraise for the labs entity - a market maker, a centralized exchange popular in SE Asia - the head of BD for a well-regarded DeFi protocol - and the founders of a team building a set of products that unlock primary and secondary deal flow (OTC, CeDeFi, fundraising) and can help fundraise for the labs entity - The first version of ReefSwap’s docs were completed - An onchain incentive campaign is now design complete, moving into the development stage - A new version of Reef Chain Wallet for Android, with multiple bug fixes in place, is now in internal testing - A new build of Reef Chain Wallet for iOS is almost ready to submit to the App Store - Reef Bridge was officially validated on Magic Store - We were on two X Spaces with Hotcoin and Web3 Global Media, and Derek live-streamed a mobile app wireframing session across X, YouTube, Facebook and Kick