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Investments news
Layer 1 blockchain network Cronos (CRO) launched a new USD 100m-backed accelerator program for blockchain projects that are in the seed-pre-seed stage and will primarily focus on advanced DeFi, Web3 gaming & metaverse, and infrastructure & tooling. There will be 3-4 cohorts per year, featuring an average of 10 start-ups per cohort, they said.
Market maker Citadel Securities is willing to make markets in exchange-traded funds (ETFs) that hold crypto pending regulatory approval, Bloomberg reported, citing Kelly Brennan, head of the firm’s ETF group. Brennan was quoted as saying that the firm can’t provide liquidity until regulatory issues are resolved.
Money market Euler said it has sold USD 32m of its governance token at a USD 375m valuation to a group of investors led by Haun Ventures. The funds raised will...
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