@CoinMarketCap Market Pulse | Weekend
DEFI BRIEF 🏦
#RWA protocol, Theo Network, partners with Standard Chartered’s Libeara to launch thBILL, an on-chain institution-grade money market product.
#Lido Finance introduces stVaults, enabling greater customizability to stakers, over node operators, fee structures, sidecars, MEV providers, and more.
Perpetuals DEX, GMX, successfully recovers funds from their recent exploit after the exploiter agreed to a bug bounty of $5M.
VC FUNDRAISES AND AIRDROPS 💰
Private messaging network, XMTP Network, raises $20M in a Series B funding round led by Union Square Ventures, a16z crypto and Lightspeed Faction, with support from Coinbase Ventures, Offline Ventures and more.
Tokenized money market protocol, #Spiko Finance, raises $22M in a funding round led by Index Ventures, with support from White Star Capital, Blockwall, and more.
Bitcoin yield protocol, Two Prime, raises $20M in funding from Bitcoin mining firm, #MARA Holdings Inc.
Digital banking infrastructure protocol, Dakota, raises $12.5M in a Series A round led by CoinFund, with participation from 6th Man Ventures, Triton Ventures, and DCG.
SVM-based Ethereum L2, #Eclipse , opens claims for their ES token airdrop, which will remain claimable for the next 30 days.
