borderless

Polygon Labs has launched the "Open Money Stack," a new modular framework designed to support stablecoin-based payments and simplify cross-border value transfer.The tech stack is expected to be released later this year, and it is designed to work with different blockchains and can be customized, enabling financial institutions and fintech companies to integrate components such as on-chain settlement, fiat access, and compliance tools.

Web3 robot company XMAQUINA announced the completion of a new round of financing, led by Borderless, with participation from Waterdrip Capital, vVv, and Clairvoyant Labs, as well as strategic angel investors from Arkstream Capital, LD Capital, and KuCoin Ventures. This round of financing is consistent with the terms of the previous Genesis Auction third wave auction.The announcement stated that XMAQUINA will hold the final community presale event before the TGE in collaboration with strategic partners. Details will be announced in the coming weeks.

Web3 robot company XMAQUINA announced the completion of its latest funding round, led by Borderless Capital, with participation from Waterdrip Capital, vVv, and Clairvoyant Labs, as well as strategic angel investors from Arkstream Capital, LD Capital, and KuCoin Ventures, all participating in the third wave of the Genesis Auction on the same terms as the public.Other notable participants in previous auction rounds include Moonrock Capital, MH Ventures, Fundamental Labs, Generative Ventures, and Mulana Capital.

ChainCatcher news, Cloudburst Technologies announced the completion of a $7 million Series A funding round to develop its off-chain crypto intelligence platform. This round was led by Borderless Capital, with additional support from Strategic Cyber Ventures, CoinFund, Coinbase Ventures, Bloccelerate VC, and In-Q-Tel.This funding brings the company's total financing to $11 million since its establishment in 2022. The funds will be used to expand Cloudburst's artificial intelligence and data science teams, accelerate product development, and broaden its market reach to serve financial institutions, regulatory bodies, and crypto-native companies.

ChainCatcher News, the BP Token wallet jointly launched by the American Ether Unlimited Capital Group, Titan Star Chain Technology Group, Hong Kong Fantasy Star Technology Group, and Xuanqiong Star Network Communications Group, is about to enter global public testing. At the same time, the Titan Star Chain team is building the underlying technical framework for satellite encrypted communication mobile phones, aiming to create a new ecosystem for decentralized communication and digital asset management.According to the project's CEO Dr. Alexander Mitchell, the product integrates satellite communication, blockchain encryption, and token economics, with core advantages including: an independent Blockchain OS that supports end-to-end encryption and on-chain storage; low-orbit satellites enabling signal bypass; an innovative "Phone-as-a-Miner" token incentive model; and an integrated hardware-level hot and cold wallet design to ensure asset security.The official plan is to launch a global roadshow, holding a release conference every month in the central cities of 12 countries over the next year to interpret technical details and promote the development of blockchain mobile encrypted satellite communication technology.

ChainCatcher news, the Bitcoin project Roxom Global is establishing a BTC-denominated exchange and a 24/7 media network dedicated entirely to Bitcoin development, RoxomTV.It is reported that Draper Associates, Borderless Capital, ego death, and Kingsway Capital have invested $7.9 million in its exchange and raised $10 million for RoxomTV in a round of private financing.

ChainCatcher news, according to Chainwire, the DeFi strategy management platform XSY.fi announced the completion of a $5 million Pre-A funding round, led by Borderless Capital and Protagonist, with participation from Paper Ventures, Chainview Capital, Avalanche Blizzard Fund, Sonic Boom Ventures, and others.In addition, XSY.fi also announced the launch of the digital synthetic dollar Unity (UTY) on the Avalanche blockchain, aimed at enhancing liquidity and capital efficiency in the blockchain ecosystem.

ChainCatcher news, the decentralized 3D high-precision map protocol ROVR Network has completed a $2.6 million seed round financing, led by Borderless Capital and GEODNET, with participation from IoTeX and several angel investors. The new funds will support its integration of LiDAR and RTK technology to provide real-time, compliant geospatial data for autonomous driving and spatial AI. Its platform token ROVR, launched on Solana, is expected to have its TGE in May.

ChainCatcher news, according to The Block, Borderless CEO Kevin Lehtiniitty expressed concerns about Circle's IPO prospects. Data shows that Circle's net profit in 2024 is projected to be $155.7 million, a 42% decrease year-on-year, in stark contrast to Tether's $13 billion profit during the same period.Lehtiniitty, the CEO of Borderless.xyz, pointed out that Circle's high expenses for compliance operations may impact its profitability. In 2024, Circle paid $908 million to its main distribution partner, Coinbase, to maintain the circulation of USDC.As a veteran in the stablecoin field, Lehtiniitty believes that the stablecoin market has become commoditized, and Circle lacks a unique advantage. He stated that new entrants like PayPal and World Liberty could pose challenges to Circle due to their unique distribution channel advantages.In previous news, Circle submitted an S-1 filing to the U.S. SEC, intending to go public on the NYSE.

ChainCatcher news, the DePIN protocol Teneo Protocol has completed a $3 million seed round financing, led by RockawayX and Borderless, with participation from Generative Ventures and others.Teneo is built on the first layer of the machine economy, peaq, unlocking social media data for Web3 and Web2 builders through the power of the community. The Teneo community node is a Web3 browser extension that allows anyone to contribute to the growing data network by collecting public posts from platforms like X and Reddit.According to RootData, Teneo Protocol is a DePIN data protocol. By targeting data pools that are behind paywalls or currently inaccessible (such as real-time social media insights and machine-generated data from industries like mobile and energy), Teneo has created a standardized access point. This allows AI companies, exchanges, market makers, builders, ecosystems, and more to utilize it.

ChainCatcher news, according to Nansen monitoring, during the market downturn, Borderless Capital bought AERO and HYPE.Among them:· Spent $1.75 million to buy AERO;· Spent $1.75 million to buy HYPE;In addition, it also transferred $2.1 million worth of ENA from Binance.

ChainCatcher news, according to CoinDesk, DePIN startup Wingbits has completed a $5.6 million funding round, led by Borderless Capital and Bullish Capital, bringing Wingbits' total funding to $9.2 million.Wingbits is a decentralized physical infrastructure (DePIN) startup focused on the aviation industry, aiming to provide reward-based flight tracking services using crypto-secured Automatic Dependent Surveillance–Broadcast (ADS-B) receivers.

ChainCatcher news, according to Coindesk, the stablecoin infrastructure protocol Perena has completed a Pre-Seed funding round of approximately $3 million, led by Borderless Capital. The protocol was founded by Anna Yuan, the former stablecoin head at the Solana Foundation.Anna Yuan stated that Perena is building an exchange pool that allows traders of seven different stablecoins to swap between assets. Stablecoin holders will be able to earn additional yield by lending their assets into the pool.In addition to the mining pool infrastructure, Perena also plans to establish a "synthetic currency," which Yuan claims will be more resilient than the fiat currency most people hold in traditional bank accounts. This will take the form of a "collateralized debt position" (CDP) stablecoin backed by other stablecoins. Perena has not finalized its design yet, but Anna Yuan hopes that building the CDP alongside stable exchanges will create more "synergies."Previous news, Binance Labs announced an investment in the stablecoin infrastructure protocol Perena.

ChainCatcher news, according to The Block, blockchain-based payment company Borderless.xyz has completed a $3 million Pre-Seed funding round, led by Amity Ventures, with angel investors including Talos founder Anton Katz and Fireblocks founder Michael Shaulov.It is reported that Borderless.xyz aims to develop payment infrastructure that allows global fund transactions between stablecoins, real-world assets, and other "internet-native currencies" with fiat currencies. The company operates in over 50 countries and accepts 23 currencies.

ChainCatcher news, Borderless Capital has launched a LATAM fund with a size of $50 million, aimed at driving Web3 innovation in Latin America. The fund focuses on Web3 projects in Latin America to tap into the unique opportunities for blockchain adoption in the region and the potential for local innovations to address global challenges.It is reported that Matias A., the Chief Financial and Investment Officer of the Avalanche Foundation, has also joined the fund.

ChainCatcher news, according to PR Newswire, the decentralized liquidity market and liquid staking protocol Meridian, built on Movement, announced the completion of a $4 million seed round financing, led jointly by ParaFi Capital and Borderless Capital, with participation from institutions such as Amber Group, Saison Capital, Interop Ventures, and Oak Grove Ventures.With this funding, Meridian plans to expand its global team, actively recruiting talent in engineering, product, and marketing. The protocol is currently live on the testnet and plans to launch simultaneously on the Movement mainnet on its launch day.It is worth noting that compared to existing EVM and SVM solutions, the Move ecosystem currently accounts for only a small portion of on-chain liquidity and trading volume. Meridian plans to leverage the security and composability of the Move language to bridge this gap.

ChainCatcher news, the liquid staking protocol Amnis Finance on the Aptos blockchain has completed a $2 million financing round, led by Borderless Capital and OKX Ventures. Aptos Labs, Arkgrow Pte Ltd, Ambush Capital, Gate Ventures, Sky Vision Capital, Old Fashion Research, Chorus One Venture, Re7, and Flowdesk also participated.This new funding will enable Amnis Finance to accelerate the integration of its liquid staking solutions within the DeFi ecosystem of Aptos. The platform will continue to focus on enhancing its services within Aptos while expanding its influence through strategic partnerships.According to RootData, Amnis Finance is a liquid staking protocol that allows users to easily maximize the returns on APT tokens while unlocking liquidity.

ChainCatcher news, Borderless Capital has launched its third DePIN fund, which has received $100 million in support. Investors in the fund include the blockchain Peaq, which focuses on DePIN, as well as the Solana Foundation and Jump Crypto.Borderless Capital partner Álvaro Gracia stated, "DePIN will become the global standard for deploying physical infrastructure, coordinating human resources, and creating billions of dollars in passive income, while providing users with convenient access and lower costs."