BlockBeats reported that on May 6, according to official news, BitTap, the Taproot Assets infrastructure construction project, has completed a pre-seed round of financing, led by Waterdrip Capital. The funds raised will be used to develop a decentralized trading platform and non-custodial wallet based on the Taproot Assets protocol.
As the first decentralized wallet in the field of the Taproot Assets protocol, the Alpha version of the BitTap plugin wallet is expected to be launched in May. The team is committed to building the Taproot Assets ecosystem, promoting compatibility with Bitcoin's Lightning Network and the Bitcoin main network, and has received official support from Lightning Labs. Currently, BitTap has started a seed round of financing, aiming to achieve one-click issuance and management of Bitcoin native assets based on the Taproot Assets protocol.
[Original Link]BlockBeats news, May 6, according to Cointelegraph, the total financing of the crypto market in April reached 1.02 billion US dollars, involving 161 financings, a slight decrease from the 186 investments in March with a total of 1.09 billion US dollars.
But cryptocurrency venture capital exceeded $1 billion for the second consecutive month this year, the first time in the industry since the end of 2022.
The most notable financings include a $47 million investment led by BlackRock in asset tokenization company Securitize, and a huge investment of $225 million in the "Solana killer" Layer1 blockchain Monad, backed by Paradigm and Coinbase Ventures.
In addition, the teams of blockchain infrastructure startup Auradine and Cosmos-based Layer1 blockchain Berachain also received $80 million and $100 million in funding, respectively.
[Original Link]BlockBeats news, on May 4, according to official news, Farcaster ecosystem SocialFi company Airstack completed a $4 million seed round of financing, Red Beard Ventures led the investment, SuperLayer, Polymorphic Capital, Superscrypt, Hashed Emergent, Delta Blockchain Fund, CSP DAO, NGC, Primal Capital, Kyber, Resolute Ventures and other investors.
It is reported that Airstack provides products and development tools to empower creators and developers and help them profit.
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