meridian

ChainCatcher news, Oak Grove Ventures announced its participation in the $4 million seed round financing of the Movement ecosystem DeFi project Meridian. This round of financing was co-led by ParaFi Capital and Borderless Capital, with well-known institutions such as Amber Group, Saison Capital, and Interop Ventures also participating.It is reported that Meridian is a decentralized liquidity market and liquid staking protocol platform built on the Movement network. The platform utilizes smart contracts based on the Move language to provide deep liquidity for cooperative agreements while offering users secure and efficient asset yields. Meridian aims to become the central liquidity and yield hub of the Movement ecosystem, bridging the gap between the Move ecosystem and existing EVM and SVM solutions to provide users with broader DeFi opportunities.Additionally, the Web3 asset data platform RootData shows that Oak Grove Ventures is an early-stage investment fund focused on cutting-edge fields such as cryptocurrency, having successfully supported over 50 projects and 12 funds.

ChainCatcher message, according to the ranking surge data from the Web3 asset data platform RootData, as of September 25 at 5 PM, Daylight ranks first with an increase of 713 positions; Meridian has risen by 701 positions, ranking second; Cube.Exchange has increased by 693 positions, coming in third.Additionally, the Web3 asset data platform RootData shows that Daylight is a wallet information tracking platform where users can discover everything a wallet can do: minting, airdrops, unlocking, voting, and more.

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, Web3 payment infrastructure Airswift announced that it will be invited to attend the Stellar Annual Conference Meridian 2023 on September 26, 2023. During the event, Dr. Yan Zhang, CEO and founder of Airswift, will give a speech on topics such as Airswift's cryptocurrency supply chain financing platform, a groundbreaking solution aimed at unlocking supply chain liquidity.It is reported that this year's Meridian 2023 theme is Unlocking Human Potential and will be held in Madrid, Spain from September 26 to 28, expecting to attract over 400 participants from more than 50 countries, including over 100 speakers.Airswift is a fintech company headquartered in Vancouver, Canada, founded in 2022, providing cryptocurrency payment solutions for businesses and consumers worldwide. It offers services such as decentralized payment protocols and on-chain supply chain finance platforms to connect businesses with cryptocurrency consumers.