Credbull closes $5.2 million round led by Gnosis VC to ‘democratize’ private credit across the chain
PROTOCOL VILLAGE EXCLUSIVE: Credbull, which in April launched what it described as the “first licensed on-chain private credit fund” on the Polygon PoS blockchain, announced a $5.2 million funding round led by GnosisVC, with strategic participation from Outlier Ventures, HODL Ventures , XBTO, LucidBlue Ventures, CryptoHedge, Marcello Mari (SingularityDAO) and others. According to the team, “Credbull aims to democratize private credit RWA investments by connecting traditional finance with Web3.”
Web3 streaming platform Myco.io will ship content on Aptos
Myco.io, a Web3 streaming platform, announced a strategic partnership with Aptos Foundation will ship content on the Aptos blockchain. According to the team, “The collaboration will focus on technical integration, building tools for builders, and a mutual commitment to advancing Web3 technologies and delivering next-generation, decentralized digital streaming experiences.” (APT)
Aave is coming to the Era Mainnet of Ethereum Layer-2 Project ZKsync
Aave, the largest DeFi lending protocol with a total value of $11.9 billion, announced the launch of Aave V3 on Era Mainnet, powered by ZKsync. According to the team, “Aave has access to cutting-edge ZK technology with low-cost transactions, while deriving the security of ETH with cryptographic proofs.” Chainlink, the blockchain oracle project, “will provide secure and reliable price feeds.” Aave founder Stani Kulechov said in a statement from a spokesperson for the project: “Era Mainnet offers the highest level of scalability and performance and without knowledge proofs the ability to add privacy capabilities and additional security for users and settings. The Elastic Chain ecosystem can expand to accommodate different institutional use cases while ensuring scalability.” (AAVE)ZK
