agricultural

Euclid Emerges with Decentralized Cross-Chain Liquidity Infrastructure

The Big Whale

10 May 2024 — 1 min read

Euclid, a Nibiru-powered Web3 start-up, has emerged from stealth with a decentralized unified cross-chain liquidity infrastructure. The company recently raised $600,000 in a pre-seed funding round, which will be used for development, audits, marketing, and business development. Euclid aims to achieve liquidity unification by creating a single source-of-truth ledger through its LiquiSync model, allowing seamless connectivity for all integrated blockchains. Gnosis, an Ethereum sidechain, has partnered with Zeal to enhance everyday crypto use, committing $2 million to Zeal. Inco, a modular confidential computing layer-1 blockchain, has partnered with Privy to enable non-custodial Web3 apps and games on Telegram. Ripple and XRPL Labs have joined the DeRec Alliance as founding members, supporting the Decentralized Recovery open-source protocol. AgriDex, a Solana-based tokenization platform, raised $5 million to bring agricultural commodities on-chain. Arcium, a parallelized confidential computing network, raised $5.5 million in a strategic funding round led by Greenfield Capital. API3 introduced the OEV Watchtower, allowing protocol developers to measure liquidity losses to Oracle services. Hyperbolic released Proof of Sampling (PoSP), a protocol addressing trust in decentralized AI networks. Arch Labs raised $7 million to build the first Bitcoin-native application platform, the Arch Network, which uses zk-proofs to enhance programmability.

Sources :

- Coindesk

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TBW - France pays millions to get rid of its surplus electricity

TBW - Daniel Seifert (Coinbase): "It would be a shame if Europe lost its leadership position"

TBW - Ethereum: what's the problem?

TBW - Vivek Raman (Etherealize): "We are currently raising capital from private investors"