$PSTAKE Breaks CoinList Record on the Way to a $10 Million Fund Raise
Liquid staking protocol pSTAKE just broke a record and everyone in the DeFi sector of crypto should be talking about it. Not only did the project raise $10 million on CoinList, it broke a record for the fundraising platform. More than 949,000 people registered for the token sale, easily the most ever in comparison to […]
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The Cosmos-inspired DeFi platform Umee set records for a Coinlist public sale with nearly one million unique applicants and 63,000 total contributors. Cross chain DeFi hub Umee's token sale on Coinlist has broken the record for user interest on the platform and concluded with nearly $32 million raised.Coinlist reported that more than 922,000 Coinlist accounts had registered for options 1 and 2 of the UMME token sale, which is the highest number ever for a token sale on the platform. In the end around 63,000 accounts contributed. A Medium post from the Umee team yesterday stated that funds....
CoinList set the record for most tokens minted in a day by a single merchant.
The independent investment fund led by Kraken alumni that’s focused on early-stage companies and protocols, Kraken Ventures, announced the successful closing of its first fund at $65 million. Presently, the fund holds positions in platforms like Hashflow, Pstake, Acala, Blockdaemon, Anchorage, and Messari.
Kraken Ventures Reveals $65 Million Fund I LP
There’s been an enormous amount of money directed toward funds that provide liquidity to early-stage crypto companies and blockchain protocols. Software startups have a plethora of funds to choose from if they develop....
More than 100,000 investors are trying to participate in CasperLabs’ offering on CoinList, but only about 12,000 are likely to secure tokens. That’s about 10X more hopefuls than are likely to secure tokens in the sale.It’s the first of three phases to Casper’s token sale and commenced on March 23 at midnight UTC. Investors are competing for 800 million CSPR tokens at prices of $0.015, with the tokens subject to a 12-month lock-up. Participants are limited to purchasing between $100 and $1,000 worth of tokens each.If every investor invests the full $1,000 allocated to them, only 12,000....
Twelve venture capital firms and three angel investors have joined in to fund the DeFi protocol. On Tuesday, pSTAKE, a liquid staking protocol from decentralized finance (DeFi) platform Persistence, announced in a statement provided to Cointelegraph that it had closed a $10 million strategic funding round from venture capital firms. Tendermint, the core developer behind the Cosmos network, powers Persistence blockchain with its consensus engine.Liquid staking is the practice of users “double-dipping” with their crypto assets — i.e., allowing them to stake their crypto in one pool and use....