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AltLayer Raises $14.4 Million in Strategic Round Funding | Cryptocurrency Trends

Cary, Bitget Research
2024/02/20
AltLayer Raises $14.4 Million in Strategic Round Funding | Cryptocurrency Trends

1. Mainstream Exchange Trends:

  • Binance Earn to support the Starknet (STRK) distribution plan for Binance ETH Staking users.
  • Mainstream Exchange Listings (CEX: Token — Time of Listing in UTC)
Binance: Pixels (PIXEL) — launched.
Bitget: Pixels (PIXEL) — launched.

2. Cryptocurrency Trends:

  • Layer2 network Blast to announce a specific mainnet launch date within the week, with the key dates being February 2024 and May 2024.
  • Starknet: Airdrops can be claimed starting February 20, 8:00 PM (UTC+8). Airdrops have been corrected for some users, and the Starknet DeFi Spring campaign will be launched on February 22, distributing 40 million STRK.
  • Bounce Launchpad to launch XRGB, a Bitcoin Layer 2 project, on February 20, with an eligibility snapshot to be taken tonight.
  • John Fei Zeng, the chief financial officer of Tiger Brokers, says the company is currently evaluating other digital assets, such as altcoins, for listing after regulatory approval.
  • Trust Wallet announces the launch of SWIFT, a smart contract wallet powered by account abstraction, which has entered public beta testing and will fully launch on February 26.

3. Financing Trends:

  • beoble, a Web3 social protocol, raises $5 million in seed round funding with participation from Hashkey, Samsung Next, DCG, DWF Ventures, Nomura Laser Digital, Cypher Capital, and Blockchain Founders Fund. The project previously raised $2 million in pre-seed round funding last November.
  • AltLayer raises $14.4 million in strategic round funding co-led by Polychain Capital and Hack VC.

4. Regulatory Trends:

  • The UK government plans to pass new regulations governing stablecoins and staking services for cryptoassets within the next six months.
Disclaimer: This content includes third-party opinions, and we do not guarantee its accuracy. Cryptocurrency prices are highly volatile, so please conduct your own research and make judgments accordingly.