Perhaps the most powerful force in DeFi governance is promising to lift the veil on its internal procedures.
The digital wallet has been spun out of parent company cLabs with some fresh funding.
The a16z-backed Eco, which loans out users’ deposits in USDC, says it’s keeping an eye on the BlockFi case.
The funding will be used to expand the Phantom team, develop new features and expand to other blockchains, said the firm.
“We’re not basing our company on some KYC’d version of DeFi coming out in the future,” said Nansen CEO Alex Svanevik.
It's the VC industry's largest crypto-related fund to date.
A European telco and a U.S. VC giant walk into a proof-of-stake network…
It's one of the largest token sales in recent memory.
The fund could lead to $50 million in annual fees, sources told reporter Eric Newcomer.
Talos' services include liquidity access, direct market access, price discovery, automated execution, reporting, clearing and settlement.
Amid the plans for its "near-term" IPO, the company plans to roughly triple the size of its workforce by year’s end.
Tennis star Serena Williams was also among the investors backing the former crypto wallet startup.