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15:20
TownSquare completes a total funding round of $16.25 million, aiming to accelerate institutional yields adoption for USD1 and RWA
Foresight News reports that TownSquare, an infrastructure platform focused on institutional yield and cross-chain lending brokerage services, has completed a Pre-A round of financing, bringing its total funding to 16.25 million US dollars. Participating investors include World Liberty Financial Ecosystem Fund, Auros Ventures, a certain exchange Ventures, Moca Network, Amber Group, Arcane, SHV, Animoca Ventures, GEM, Bixin Ventures, DoraHacks, B-side, Ankaa Accelerator, Mulana Capital, Typhon Ventures, as well as angel investors from teams such as Monad, a16z, Solana Bonk, Donut Browser, WorldClaw, Turtle, Stakestone, Fastlane, Sixpence, Kintsu, and Aspecta. The funds raised will be used to accelerate institutional adoption of USD1 and other RWA (Real World Assets) yield opportunities. Previously, TownSquare announced a 100 million US dollars USD1 liquidity program and completed the deployment of USD1 on Monad EVM L1 in collaboration with the World Liberty Financial team. Currently, it is preparing to launch yield pool products, which are expected to support liquidity programs and institutional yield pools for assets such as USD1, on-chain gold, and cbBTC on chains including Monad and BNB Chain. These products will further combine institutional strategies and liquidity with public chain ecosystems, greatly improving asset efficiency within the ecosystem and strengthening the connection between TradFi and DeFi.
15:20
Loracle suspected to have deleted its account on social media platform X
Odaily reported, according to monitoring by Lookonchain, Loracle appears to have deleted its X social media account, and currently accessing the account shows "account does not exist".
15:19
Data: A certain address submitted another redemption request for 892,000 HYPE on HyperEVM, valued at 55.09 million USD.
ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, a certain address has just applied again to redeem 892,000 HYPE on the HyperEVM chain, worth 55.09 million US dollars; redemption requires 7 days and is expected to be completed next Thursday evening. Upon successful redemption, it may be transferred to Hyperliquid for profit-taking sale.
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