On-chain credit and income platform Idle completes $1.1 million strategic financing

On-chain credit and yield platform Idle raised $1.1 million in a strategic financing round led by investment firm RockawayX, with participation from Fasanara Digital, bringing Idle's total fundraising to $2.4 million. The company plans to use this funding to further develop on-chain credit infrastructure, among other things.

Comments

All Comments

Recommended for you

Cointime精选 ·

Swift could integrate with mBridge CBDC cross border payment system?

During a panel at the SIBOS banking event today, Mu Changchun said that the mBridge cross border CBDC payment system could connect to traditional payments systems, including real time gross settlement systems (RTGS) and faster payment systems.
Cointime精选 ·

BTC Well Supported Into The US Election

Bitcoin surged this week, approaching $69k with $72k in sight, thanks to October’s seasonal boost. But strong USD momentum, driven by US Treasury selling, is putting a temporary lid on BTC gains. Institutional interest remains strong, with $2.13 billion in BTC ETF inflows over the last six days. A major boost comes from the SEC approving BTC ETF options on the NYSE, enhancing liquidity.
Footprint_Data ·

The Next Wave of Web3 Growth: From Data to Action

The Next Wave of Web3 Growth: From Data to Action
dlcBTC ·

dlcBTC Onboards Waterdrip Capital into Its Merchant Network

As an active dlcBTC merchant, Waterdrip Capital now plays a crucial role in facilitating the minting and redeeming of dlcBTC, directly contributing to the enhanced liquidity and stability of the ecosystem.
PermaDAO ·

Apus Network: Promoting Deep Integration of AI with the Arweave and AO Ecosystems through the Competition Pool

Apus Network, as a trustless GPU network on AO, is driving the deep integration of AI with blockchain technology through its innovative Competition Pool feature, bringing tremendous value to the Arweave and AO ecosystems.
Xangle ·

The Tokenomics Chronicle

Among the most common and broad tokenomics strategies, one often sees the following structure: 1) expanding the ecosystem and acquiring users through token distribution methods, such as token sales or airdrops, and then 2) assigning proper utilities
PermaDAO ·

Arweave/AO Weekly Highlights Week 42 | 10 Billion Transactions Milestone, Arweave Fullstack Hackathon & PermaHacks Kick Off

Data from Arweave Network Last Week: Arweave has completed a total of 218,182,653 transactions, with 1.65 TiB storage achieved in the past week.
Crypto Daily ·

VooPay Partners with M3 DAO and Golden Carrot Capital: Enhancing the Web3 Spending

VooPay Partners with M3 DAO and Golden Carrot Capital: Enhancing the Web3 Spending
PermaDAO ·

AO Game "Cyberpunk Beavers" Gameplay Strategies Revealed

Since the inception of AO, discussions on how to deploy various applications on the platform have proliferated, with the gaming sector taking the lead in implementation.
Squad3 ·

Redefining Social Earnings: An Introduction to the Squad3 Project

Redefining Social Earnings: An Introduction to the Squad3 Project