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Eternis AI is developing Freysa AI and has raised $30 million from Coinbase Ventures, Selini Capital, and others.
Tether, which once dominanted the European stablecoin market, has been forced to reduce its presence due to MiCA compliance issues.
Despite BTC trading at all-time highs as of the time of writing, open interest (OI) paints a more nuanced picture.
The team plans to invest upwards of $500,000 in around 30 early-stage startups involved in tokenization, stablecoins, and infrastructure.
"We need to have a BitBond, and I am going to push and fight to get a BitBond in New York," Mayor Adam said.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
U.S. Vice President J.D. Vance urged action on digital asset regulation, warning that inaction could send trillions offshore.
BlackRock, an existing backer of Circle having invested in its $400 million Series F, manages the majority of USDC's backing assets.
Circle Ventures, Sound Ventures, Commerce Ventures and DCG also participated in the round geared towards fueling expansion.
Telegram is looking to raise $1.5 billion, including from existing backers like BlackRock and Abu Dhabi’s investment firm Mubadala.