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02:33
Uniswap Mainnet Deployment to Layer 1
BlockBeats News, January 16th, according to official sources, Uniswap has been officially deployed on the X Layer, bringing deeper liquidity, a smoother swapping experience, and mature DeFi infrastructure to this Layer 2 network positioned as the "New Money Chain." Users can trade xBTC, USDT, and various native and ecosystem assets on X Layer under the familiar Uniswap mechanism and benefit from Uniswap's security system and risk management capabilities.
02:32
Stablecoin protocol USDat developer Saturn completes $800,000 financing, with participation from YZi Labs and others
PANews January 16th news, according to official sources, stablecoin protocol USDat developer Saturn has announced the completion of an $800,000 funding round, with participation from YZi Labs, Sora Ventures, and several angel investors in the crypto field. The revenue of the USDat protocol mainly comes from a combination of Strategy perpetual preferred shares STRC and US Treasury bonds. The project team stated that the protocol attempts to introduce institutional-grade credit into DeFi, enabling Strategy's credit to be utilized on-chain and providing new models for corporate treasuries in decentralized finance.
02:27
Evernorth prepares for IPO, plans to go public on Nasdaq through SPAC merger
The Ripple-backed XRP vault entity Evernorth is preparing to go public on Nasdaq through a SPAC merger, with the trading code XRPN. Evernorth holds 388 million XRP tokens, valued at approximately $812 million. CEO Asheesh Birla stated that the current regulatory environment, government support, and institutional adoption conditions are suitable for listing, and emphasized that Evernorth not only provides XRP exposure but also handles custody, compliance, and security obligations.
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