The cryptocurrency and blockchain sector is witnessing significant funding activities, with notable investments in projects within the Ethereum and Blast Layer 2 ecosystems. TornadoBlastBot announced a strategic funding round backed by industry veterans and major players from the Blast and Ethereum ecosystems, aiming to enhance tools for traders and degens in the Blast_L2 ecosystem. Similarly, the $DEGEN project, associated with Farcaster's community, successfully completed its angel investing round, raising $1.42 million. The round was led by 1confirmation, with Perl_xyz as the #1 partner, intending to expand the Degen ecosystem and community while focusing on the social finance system in the purple society. Additionally, partnerships are being formed, such as the one between DTX and MangroveDAO, to improve liquidity strategies on the Blast_L2 platform, with MangroveDAO serving as an adaptive liquidity layer. These developments underscore the growing interest and investment in blockchain technologies and decentralized finance (DeFi) projects.
The Blast_L2 Big Bang Competition results land this Friday Extremely high-calibre projects backed by big players On my radar, and included in my protocol tracker: ▫️Particle, NFT Perps, RogueX, Synfutures (Perp DEX) ▫️Thruster, Blasterswap, Risk (DEX) ▫️Mangrove (Restaking)… https://t.co/RK97DKeV5O
Thrilled to announce our partnership with @MangroveDAO , the adaptive liquidity layer built on @Blast_L2. With this partnership, DTX users will be able to post limit/amplified order intents and manage AMM strategies while their liquidity sits in DTX pools for maximum returns.… https://t.co/ePmRnuLgdq
This round is special due to the people supporting $degen. Once again, @jacek0x didn‘t take the easy path & sell to the same crypto angels or raise a huge round from VCs but strategically onboarded Farcaster builders, creators, channel hosts & influencers. Community feedback👇🏻 https://t.co/HFQabGNANM
super excited to angel-invest in $DEGEN with the legends like @1confirmation @perl_xyz has been the #1 partner of $DEGEN from Farcaster. betting on the social finance system $DEGEN helps create in the purple society called @farcaster_xyz, not the transactional upside. https://t.co/Y0a5r4WnYg
super excited to angel-invest in $DEGEN along-side the legends like @1confirmation @perl_xyz has been the #1 partner of $DEGEN from Farcaster. betting on the social finance system $DEGEN helps create in the purple society called @farcaster_xyz, not the transactional upside. https://t.co/ruPdp29yP7
NEW: The team behind $DEGEN, Farcaster's community created utility and tipping token, announced a $1.42 million raise led by 1confirmation. https://t.co/DM47RsRHeG
Happy to announce that the $DEGEN angel investing round is now done! @1confirmation is our lead investor, with amazing Farcaster OGs and friends backing us as well. The funding will help us grow the Degen ecosystem and community to be even more badass! https://t.co/vtIeEWdu1e
We are proud to announce our strategic funding round with the support of OGs from the bot industry and major players from the Blast and Ethereum ecosystems 🌪️ The mission of Tornado is to provide the best tools for traders and degens in the @Blast_L2 ecosystem ⚡️ More info 👇… https://t.co/5MTjkGQomx