#CMC Market Pulse | Weekend

DEFI BRIEF 🏦

Chainlink partners with #Mastercard to facilitate the settlement of on-chain payments for real-world purchases.

Grove Finance launches on mainnet, with $1B from Sky (formerly #MakerDAO ), to unlock the full potential of USDS through institutional-grade credit.

Lending protocol, Euler Finance, launches on Arbtirum, bringing to the chain $100,000 in incentives for users.

VC FUNDRAISES AND AIRDROPS 💰

MegaETH-based perpetual DEX, GTE, raises $15M in a Series A funding round exclusively led by #paradigm .

Predictions market, Kalshi, raises $185M in a Series C funding round led by Paradigm, with participation from Sequoia, Multicoin, Bond Capital and more.

Confidential blockchain protocol, Zama, raises $57M in a Series B funding round led by Pantera Capital and BlockChange VC.

#defi infrastructure protocol, Veda Labs, raises $18M in a funding round led by CoinFund, with support from Coinbase Ventures, Maelstrom, GSR, Animoca Ventures and more.

Solana liquid staking protocol, Fragmetric, opens their FRAG token airdrop for claims, distributing 10% of the total token supply to eligible users.

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