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Home » Typography Elements » Chakra, Bitcoin’s Rehypothecation Protocol, Secures New Funding Round with StarkWare and Others

Chakra, Bitcoin’s Rehypothecation Protocol, Secures New Funding Round with StarkWare and Others

By adminJul. 4, 2023No Comments1 Min Read
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Chakra, Bitcoin's Rehypothecation Protocol, Secures New Funding Round with StarkWare and Others
Chakra, Bitcoin's Rehypothecation Protocol, Secures New Funding Round with StarkWare and Others
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Chakra announced the completion of a new round of financing on the X platform, with participation from StarkWare, Bixin Ventures, Cogitent Ventures, Trustless Labs, and others. The specific amount and valuation information have not been disclosed.

Chakra allows users to collateralize Bitcoin while retaining ownership of their assets, enabling them to participate in the consensus and governance of PoS blockchains, including Bitcoin L2, and facilitating the creation of derivatives that interact with DeFi applications.

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Tags:
Chakra
StarkWare
Financing
Source link:
https://twitter.com/ChakraChain/status/1783842586882638238

Note: All articles on BitPush.news represent the author’s views and do not constitute investment advice.

Original article link:
https://www.bitpush.news/articles/6655727

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