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Solana staking protocol Fragmetric completes $7 million seed round

2025.02.07 23:40:18

On February 7th, the Solana re-staking protocol, Fragmetric, announced the completion of a $7 million seed round of financing. This round was led by Finality Capital Partners and Hashed. Institutions such as Hypersphere, Presto Labs, Bitscale Capital, Halo Capital, and Flowdesk participated. Additionally, it received support from several angel investors within the Solana and restaking ecosystems. Fragmetric intends to achieve precise distribution of NCN (Node Consensus Network) rewards in the Solana ecosystem. It aims to provide a more efficient capital utilization solution for Solana LST (Liquid Staking Token) while enhancing network security and decentralization.
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Blockchain-Based Private Credit Startup Valinor Raises $25 Million in Funding, Led by Castle Island Ventures

On March 30, Fortune reported that Valinor—a blockchain private credit startup founded by former Blackstone employees—has closed a $25 million seed funding round. The round was led by Castle Island Ventures, with participation from Susquehanna’s crypto arm, Maven11, TeraWulf founder Paul B. Prager, and Nazar Khan. Valinor aims to leverage blockchain and smart contracts to overhaul the private credit process, boosting lending efficiency. The fresh capital will be used to expand its loan business and ramp up hiring.

3 minutes ago

Iranian Foreign Ministry: Some Ships Crossed the Strait of Hormuz After Coordination

March 30 – In response to concerns from Europe and other parties over soaring fuel prices and higher Gulf shipping costs, Iranian Foreign Ministry spokesperson Baghaei stated that Iran is not responsible for the current situation and does not want people in other countries to face pressure from rising fuel or food prices. Baghaei also noted that Iran is currently managing the passage of non-enemy vessels while ensuring security. Over the past few days, some vessels have transited the Strait of Hormuz after coordinating with Iranian authorities. (Source: CCTV News)

3 minutes ago

DAT Corp Stocks Packaged into ETF, T-Strive Digital Credit ETF Submits Application

On March 30, Bloomberg analyst Eric Balchunas took to social media to tweet that the T-Strive Digital Credit ETF—co-launched by Tuttle and Strive—has filed a new application. The ETF will hold preferred securities issued by DAT Company. BlockBeats Note: This T-Strive Digital Credit ETF is a basket product with underlying assets consisting of preferred securities from multiple Digital Asset Trusts (DATs). It can be viewed as a "DAT Preferred Securities Portfolio ETF" rather than a fund solely betting on a single issuer.

3 minutes ago

American Bitcoin Reserves Exceed 7,000 Coins

American Bitcoin, a U.S. bitcoin mining firm backed by the Trump family, said in a social media post on March 30 that its bitcoin reserves have topped 7,000 coins. Since its Nasdaq listing, the company’s bitcoin holdings have roughly tripled, while its satoshis per share have more than doubled. The firm now ranks 16th globally among public companies holding bitcoin.

3 minutes ago

Strategy did not increase its Bitcoin holdings last week.

A strategy firm announced Wednesday (March 30) that it did not purchase any Bitcoin over the past week and currently holds 762,099 Bitcoin, valued at more than $51.5 billion.

3 minutes ago

A trader spent 1.1 SOL to buy ANIME a year ago and has now received over 200x returns

March 30th: Per LookOnChain monitoring, a trader who bought ANIME with 1.1 SOL a year ago has sold all holdings today amid a sharp price surge, netting 232.2 SOL (≈$19,500) — a 211x return.

3 minutes ago

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