Runes DEX secures $2 million in seed investment to pioneer AMM on Bitcoin

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

Nederland Nieuws Nieuws

Nederland Laatste Nieuws,Nederland Headlines

Runes DEX, the trailblazing Automated Market Maker (AMM) platform for runes on Bitcoin, is thrilled to announce the successful closure of its US$2 million seed investment round

, the trailblazing Automated Market Maker platform for runes on Bitcoin, is thrilled to announce the successful closure of its US$2 million seed investment round. This crucial funding milestone has garnered support from prominent blockchain investors, including Kenetic Capital, Mechanism Capital, Auros Ventures, Future Fund and Boosty Labs.

Jehan Chu, Founder of Kenetic Capital, emphasized the innovative aspects of the platform: “Runes Dex is poised to set an explosive pace for the entire ecosystem with their novel AMM and liquidity solutions, helping Runes revolutionize how Bitcoin is seen by the world.” Pascal Gautier, CEO & Chairman at Ledger, expressed his excitement over recent Bitcoin protocol developments: “Runes DEX is an exciting development happening in the Bitcoin DeFi ecosystem. I am personally really interested about the application layer built on top of L1 protocols and particularly on Bitcoin. You'll need to own your private keys to interact with L2s and the protocol application layer. If not self-custody, why crypto? More power to the user. More power to decentralization.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 562. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Crypto market begins recovery as Runes gain attention ahead of Bitcoin halvingBitcoin's (BTC) price recovery sparked a price increase across the crypto market on Monday.
Bron: FXStreetNews - 🏆 14. / 72 Lees verder »