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#core scientific, #bitmain
This is the fourth funding round for Core Scientific, and brings its total funding to $115 million. The company plans to use the new funds to expand its infrastructure and operations, and to develop new products and services.
The investment by Bitmain is significant, as it is one of the world's leading manufacturers of cryptocurrency mining equipment. This suggests that Bitmain is bullish on the long-term prospects of Core Scientific and the blockchain industry as a whole.
Core Scientific is one of the few blockchain infrastructure companies that is publicly traded. It went public in January 2023 via a SPAC merger. The company's stock price has been volatile since then, but it has generally trended upwards.
The recent funding round is a positive sign for Core Scientific and the blockchain industry as a whole. It suggests that there is strong investor demand for companies that are building the infrastructure and platforms that will power the next generation of the internet.
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This is the fourth funding round for Core Scientific, and brings its total funding to $115 million. The company plans to use the new funds to expand its infrastructure and operations, and to develop new products and services.
The investment by Bitmain is significant, as it is one of the world's leading manufacturers of cryptocurrency mining equipment. This suggests that Bitmain is bullish on the long-term prospects of Core Scientific and the blockchain industry as a whole.
Core Scientific is one of the few blockchain infrastructure companies that is publicly traded. It went public in January 2023 via a SPAC merger. The company's stock price has been volatile since then, but it has generally trended upwards.
The recent funding round is a positive sign for Core Scientific and the blockchain industry as a whole. It suggests that there is strong investor demand for companies that are building the infrastructure and platforms that will power the next generation of the internet.
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Leverfi, a decentralized finance (DeFi) platform based on Arbitrum One, has raised $2 million in a seed round led by DWS Lab, the venture capital arm of Deutsche Asset Management. The round also included participation from other investors such as Coinbase Ventures, Jump Crypto, and angel investors such as Mark Cuban and Stani Kulechov, the CEO of Aave.
The funds raised will be used to accelerate the development of Lever fi's products and services, including its flagship product, Leveraged Yield Protocol (LYP). LYP is a protocol that allows users to leverage their assets to generate higher yields. The protocol is currently in alpha testing and is expected to launch to the public in Q4 2023.
Lever fi's seed round comes at a time when the DeFi market is growing rapidly. The total value locked (TVL) in DeFi protocols has increased from $5 billion in January 2021 to over $200 billion in September 2023. Lever fi is well-positioned to capitalize on this growth, given its team's experience in the DeFi industry and its innovative product offerings.
Here is a summary of the key points:
#Lever fi, a DeFi platform based on Arbitrum One, has raised $2 million in a seed round led by DWS Lab.
The funds raised will be used to accelerate the development of Lever fi's products and services, including its flagship product, Leveraged Yield Protocol (LYP).
LYP is a protocol that allows users to leverage their assets to generate higher yields.
Lever fi's seed round comes at a time when the DeFi market is growing rapidly.
Lever fi is well-positioned to capitalize on this growth, given its team's experience in the DeFi industry and its innovative product offerings.
$LEVER
The funds raised will be used to accelerate the development of Lever fi's products and services, including its flagship product, Leveraged Yield Protocol (LYP). LYP is a protocol that allows users to leverage their assets to generate higher yields. The protocol is currently in alpha testing and is expected to launch to the public in Q4 2023.
Lever fi's seed round comes at a time when the DeFi market is growing rapidly. The total value locked (TVL) in DeFi protocols has increased from $5 billion in January 2021 to over $200 billion in September 2023. Lever fi is well-positioned to capitalize on this growth, given its team's experience in the DeFi industry and its innovative product offerings.
Here is a summary of the key points:
#Lever fi, a DeFi platform based on Arbitrum One, has raised $2 million in a seed round led by DWS Lab.
The funds raised will be used to accelerate the development of Lever fi's products and services, including its flagship product, Leveraged Yield Protocol (LYP).
LYP is a protocol that allows users to leverage their assets to generate higher yields.
Lever fi's seed round comes at a time when the DeFi market is growing rapidly.
Lever fi is well-positioned to capitalize on this growth, given its team's experience in the DeFi industry and its innovative product offerings.
$LEVER
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