dewhales

ChainCatcher news, the Bitcoin ecosystem stablecoin project Aegis announced the completion of a $2 million Pre-Seed round of financing, led by Dewhales Capital, with Profluent Ventures and a group of angel investors participating. The new funds will be used to support the development of its Bitcoin-backed stablecoin YUSD, which maintains stability by establishing delta-neutral positions and selling perpetual contracts with BTC margin equal to its Bitcoin exposure.

ChainCatcher news, the Web3 social data protocol Inspect has announced the completion of a new round of financing, with the specific amount undisclosed. This round of financing was participated in by Dewhales, BasementDAO, Morningstar Ventures, Kairon Labs, Optic Capital, Rarestone Ventures, Maven Capital, and others.Inspect stated that it is transforming the dynamic market into a user-friendly platform equipped with real-time analytics and insights accessible to everyone. Inspect's ecosystem partners include Mocaverse, MoonPay, MultiversX, Avalanche, Ronin, Axie Infinity, Polygon Ventures, Algorand Technologies, Floor Protocol, Cardano Community, OKX Web3 Wallet, and others.