📬 Inbox Dump #10
Hello Defiers! Welcome to Inbox Dump where we include the updates and announcements that flood our DMs each week and didn’t make it to The Defiant’s content platforms. Sometimes announcements here didn’t meet the bar to become a news story, sometimes they ...
Hello Defiers! Welcome to Inbox Dump where we include the updates and announcements that flood our DMs each week and didn’t make it to The Defiant’s content platforms. Sometimes announcements here didn’t meet the bar to become a news story, sometimes they may have slipped through the cracks, or they came late and we haven’t had a chance to cover.
At The Defiant we cover the most important DeFi-related news and developments but I know many of you are hunting for projects before they are fully developed and before they are newsworthy. Our goal with this installment of the newsletter is to help you find them. Look at this as the starting point to DYOR.
We also include a compilation of DeFi and crypto funding rounds in the past week so you have these in one handy place.
Keep in mind these have been unedited. With that —here we go!
[This post is exclusive to subscribers]
Altcoin Gem DIVI Launches on the Kucoin Exchange
San Jose 28 May 2021: Decentralized payment ecosystem Divi, has today announced the listing and commencement of trading of its DIVI coin on leading exchange Kucoin. Following the recent launch of its non-custodial mobile smart wallet, the listing broadens availability and accessibility of DIVI and increases awareness of the project and its benefits to Kucoin’s considerable community of investors.
BSCstarter Announces Rebrand to Introduce a Four Part Ecosystem for IDO Launches
New York - June 1, 2021 - BSCstarter announces a platform overhaul and rebrand for June 1st, 2021 under the new name, Starter. The name change is the result of multichain accessibility, including BSC as well as Ethereum, Cardano, Solana, Polygon, Fantom, and Avalanche. Over 91 projects have chosen BSCstarter as their platform of choice, proving the quality and success this platform delivers, and why the company saw enough demand to execute this new, rebranded ecosystem.
Wirex Lists Leading DeFi Coins AAVE, LINK, MKR, UNI and YFI on Platform
London, UK: Digital payments platform, Wirex, has listed 5 new crypto assets from some of the leading DeFi players on its platform. AAVE, LINK, MKR, UNI and YFI are the latest to be integrated, and will be available to purchase fee-free for a limited time.
Lohko and Mattereum Launch Groundbreaking Verifiable Gold Bullion NFTs
LONDON, UK – 26 May 2021 – In an industry first, blockchain platform Lohko has teamed up with London-based tech firm Mattereum to launch a groundbreaking new ownership model of physical goods that will enable verifiable gold non-fungible tokens (NFTs) to be traded on the blockchain and attached to carbon offsets. These are currently trading at: https://opensea.io/collection/lohkonft
Simplify Asset Management is today announcing the launch of its newest ETF: the Simplify U.S. Equity PLUS GBTC ETF (SPBC)
This ETF will invest at least 80% of its net assets in U.S. equity securities and expects to invest up to 15% of net assets in Bitcoin via the Grayscale Bitcoin Trust (GBTC). The portfolio is periodically rebalanced and the fund’s Adviser actively manages the premium/discount dynamics of GBTC via either direct trading in the market or via private placement.
Single dashboard Robinhood, Chase, Coinbase & Uniswap Pools
Today we are launching major DeFi support, which makes Kubera the only tool in the world where you can track traditional, crypto and DeFi assets seamlessly. I wanted to reach out personally and tell you more about this update.
GRAMMY Nominated Artist Akon Teams Up with Harvard Medical School Professor George Church, Nebula Genomics, and AkoinNFT to Launch the World’s First Genomic NFT
LOS ANGELES — May 25, 2021 — Professor George Church, co-founder of Nebula Genomics and Professor of Genetics at Harvard Medical School, will be partnering with GRAMMY-nominated, multi-platinum selling artist, producer, entrepreneur, and philanthropist, Akon and his NFT platform, AkoinNFT, to auction off Professor George Church’s full genome as the world’s first genomic NFT. The acclaimed singer and face of Akoin Cryptocurrency and its affiliate AkoinNFT, is thrilled to be collaborating on this one-of-a-kind NFT with Nebula Genomics and George Church for the first ever genomic NFT.
A crypto solution to crypto's environmental problem
MOSS (moss.earth/en/home/) is the provider of the world’s first tokenized carbon credit. With their MCO2 token, customers can buy carbon credits to offset the pollution from crypto miners. By purchasing carbon credits, MOSS clients have helped preserve more than 1 million hectares (nearly the size of Connecticut) of Amazon rainforest in just the past eight months.
OneOf Launches Green NFT Platform Built For Music Community, Raises $63m in Seed Funding
MIAMI, FL - May 25, 2021 --OneOf today announced the completion of a $63 million seed round from prominent tech and music industry veterans including famed VC and environmental activist Bill Tai, Suna Said of Nima Capital, participated by ESG fund Sangha Capital, seasoned tech investor Jack Herrick, Tezos Foundation, Jaeson Ma, founder of East West Ventures and co-founder of 88rising, and others.
Pandora raises $2.4M from Industry Heavyweights to Bridge Traditional Finance and DeFi via NFTs
New York, May 25, 2021 – Pandora Finance today announced that they have successfully closed their $2.4m seed round. The Pandora team received pledges from some of the most visible investors within the crypto space, and closed the round oversubscribed by 5x.
Multi-chain structural DeFi protocol raises $2.1M in funding round
Multi-chain structured finance protocol Skyrim Finance is simplifying structured products in the decentralized financial landscape. In order to do so, it has successfully concluded a private funding round, raising $2.1 million. The list of crypto venture capitalists includes AU21 Capital, Spark Digital Capital, Exnet Capital, Blocksync Ventures, MantraDAO, X21, ZBS Capital, Kyros Ventures, VBC Ventures, CryptoJ, Illusionist Group, Wings Ventures, GFS Ventures, Tenzor Capital, Titans Ventures and Poolz.
DeFi’s Set Labs Raises $14M to Expand Crypto’s Tokenized ‘ETFs’
Set Labs, an upstart platform for creating structured decentralized finance (DeFi) investment products on Ethereum, has raised $14 million. Early-stage token fund 1kx and crypto venture capital firm Hashed led the round, Set CEO Felix Feng told CoinDesk. He said the Series A will help Set decentralize its protocol and grow its lineup from four to as many as 20 multicoin investment vehicles.
Cryption Network, Polygon-Based DeFi Protocol, Completes Funding Round, Raises $1.1 Million
Cryption Network (CNT), a startup that is focused on building DeFi infrastructure on Polygon Network (previously Matic Network), shared the results of its strategic funding round. According to a press release shared with U.Today, Cryption Network (CNT) successfully completed its latest funding round. A number of top-notch crypto-focused venture capitalists, including Master Ventures, CMS Holdings, GravityX Capital, Ascensive Assets, X21 Digital and AU21, contributed to this funding.
'Shark Tank' star Kevin O'Leary says decentralized finance could be the future - and plans to launch a DeFi investing company
Kevin O'Leary revealed on Anthony Pompliano's podcast that he's a major shareholder of a new decentralized-finance (DeFi) company, which aims to help investors profit from DeFi. The "Shark Tank" star and O'Leary Funds boss also predicted DeFi will play a key role in crypto's future, and said he's deeply interested in the space. "What interests me the most right now is DeFi. I think it's where the puck is going," O'Leary said.
Talos Secures $40M in Series A Funding Round
Institutional crypto trading technology provider Talos has raised $40 million in a Series A funding round led by Andreessen Horowitz (a16z), Talos announced on 27 May. According to the press release, some of the largest venture capital (VC) firms in the crypto sector also took part in the funding round, including PayPal Ventures, Fidelity Investments, Galaxy Digital, Elefund, Illuminate Financial and Steadfast Capital Ventures. The CEO and co-founder of Talos, Anton Katz, explained that the firm has gained “significant traction” in the past two years, adding that:
That’s all for today. Let me know what I missed!
The Defiant is a daily newsletter focusing on decentralized finance, a new financial system that’s being built on top of open blockchains. The space is evolving at breakneck speed and revolutionizing tech and money. Spread the word and share!