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Sunday, June 15, 2025

Tether & Bitfinex Enter New Project, Ex-Meta Team Raised USD 150M, Investor Eyes Zipmex, Crypto Donations + More News - Cryptonews

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Investments news
Peer-to-peer application building platform Holepunch announced the alpha launch of its encrypted video calling application called Keet, backed by stablecoin issuer Tether (USDT), crypto platform Bitfinex, and distributed systems developer Hypercore. Holepunch protocol is currently closed source and will remain so until it completes alpha testing, after which it will move to open source code in Q4 of 2022, they added. Tether, Bitfinex, and Hypercore have invested USD 10m into Holepunch to fund startups building on the platform. "The fund size is looking to be in the tens of millions and while the aforementioned are committed to providing funding themselves, they are also seeking out other investors," per their spokesperson.
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