Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»TRADING NEWS»Blockchain startups Peak, Midas, and BOB secure venture capital
TRADING NEWS

Blockchain startups Peak, Midas, and BOB secure venture capital

By Crypto FlexsMarch 31, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Blockchain startups Peak, Midas, and BOB secure venture capital
Share
Facebook Twitter LinkedIn Pinterest Email

This week, three blockchain experts weigh in on venture capital. This is perhaps an optimistic indicator that investors are once again interested in the web3 sector.

vertex

On March 27, Peaq, a layer 1 (L1) blockchain specifically designed for Decentralized Physical Infrastructure Networks (DePIN), announced a successful Series A funding round, raising $15 million.

Generative Ventures and Borderless Capital led this effort with participation from several notable investors, including Spartan Group, HV Capital, CMCC Global, and Animoca Brands.

With a vision of building an “economy of things” network, Peaq aims to decentralize physical infrastructure and systems to provide permissionless and borderless digital infrastructure for increasingly intelligent machines.

The platform provides a variety of backend features for app builders, facilitating access management, AI agents, and device data verification. The ecosystem also boasts supporting tools such as a machine platform and a decentralized physical infrastructure network accelerator in partnership with Outlier Ventures.

Peaq plans to use the funds raised to expand its ecosystem, which already hosts more than 20 DePINs. These DePINs cover industries such as mobility, energy, connectivity, environment, agriculture, and digital infrastructure.

midas

Midas raised $8.75 million in funding. Led by CEO Dennis Dinkelmeyer, the company is developing a protocol for issuing real-world assets as ERC-20 tokens.

The funding round, led by Framework Ventures and BlockTower, will fuel Midas’ expansion efforts and further development of its asset tokenization protocol.

Midas will also launch mTBILL, a stablecoin designed to allow users to earn returns from U.S. Treasury bonds on-chain. According to the company, this move has the potential to shake up the stablecoin industry, especially considering the argument that launching a stablecoin during a period of non-zero interest rates could be disruptive.

7/ Fundamentally yield tokens are the core of on-chain finance in a world of non-zero interest rates.

For giant companies like Circle & Tether, which were born in the era of zero interest rates, disruption is likely.

future? Yield-focused stablecoins such as: $mTBILL.

— Midas (@MidasRWA) March 28, 2024

Commenting on this news, Dennis Dinkelmeyer emphasized Midas’ commitment to innovation, saying: “Midas is well-positioned to continue to provide investors with innovative products to maintain on-chain capital, especially stable capital, through its yield-generating tokens. Related defi application.”

Both Peak and Midas are headquartered in Berlin. The ability to attract funding signals growing investor confidence in the potential of blockchain technology for real-world applications and asset tokenization.

shot

Separately, a hybrid layer 2 network called Build on Bitcoin (BOB) successfully raised $10 million in seed funding.

Castle Island Ventures led the funding round. Mechanism Ventures, Bankless Ventures, renowned angel investor Dan Held, and Domo, creator of the BRC-20 token standard, all participated.

We are excited to announce 𝐁𝐎𝐁 त्त त्त्त्तत्त $𝟏𝟎𝐌 𝐁𝟎𝐌 𝐁𝐎𝐌 led by Castle Island Ventures along with other key investors! 🎉

This pivotal moment fuels our mission to launch the first hybrid L2 that blends the security of Bitcoin and the security of Ethereum. pic.twitter.com/lMwOcO5qTD

— Bob | Build Bitcoin foundation (@build_on_bob) March 27, 2024

The pioneering project led by co-founder Alexei Zamyatin seeks to introduce the first Bitcoin L2 solution compatible with the Ethereum Virtual Machine (EVM).

The London-based company is also gearing up for launch. fusion The program launches on March 27th, giving participants early access to the platform.

Follow us on Google News

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

How to solve the XPL perp defect

September 26, 2025

Are you doing a fair deal?

September 25, 2025

Next Binance Coin (BNB) Price Rally 3 Catalysts that can supply fuel

September 24, 2025
Add A Comment

Comments are closed.

Recent Posts

LYS Labs Moves Beyond Data And Aims To Become The Operating System For Automated Global Finance

September 26, 2025

Dexari Unveils $1M Cash Prize Trading Competition

September 26, 2025

How to solve the XPL perp defect

September 26, 2025

Detect the full execution bug with the induction pursing of Wake

September 25, 2025

KuCoin Appeals FINTRAC Decision, Reaffirms Commitment To Compliance

September 25, 2025

Phemex Revamps Blog To Deliver Deeper Insights And Enhanced Reader Experience

September 25, 2025

T-REX Launches Intelligence Layer To Fix Web3’s Value Distribution Problem

September 25, 2025

Are you doing a fair deal?

September 25, 2025

The method of transforming ASTER WHALES into panic is as follows.

September 25, 2025

Hyperliquid launches USDH Stablecoin issued by Native Markets

September 25, 2025

Hyperliquid’s USDH Stablecoin is broadcast live at an early transaction volume of $ 2M or more.

September 24, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

LYS Labs Moves Beyond Data And Aims To Become The Operating System For Automated Global Finance

September 26, 2025

Dexari Unveils $1M Cash Prize Trading Competition

September 26, 2025

How to solve the XPL perp defect

September 26, 2025
Most Popular

BitMex starts a monpigusdt permanent exchange with a 50x leverage.

May 29, 2025

Trump promises to release Silk Road founder Ross Ulbricht if re-elected

May 26, 2024

Lazarus Group Evades Sanctions and Launders $12 Million Through Tornado Cash

March 15, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.