Credbull Raises $5.2M, Aave Comes to ZKSync Era

Credbull closes $5.2 million spherical led by Gnosis VC to ‘democratize’ personal credit score throughout the chain

PROTOCOL VILLAGE EXCLUSIVE: Credbull, which in April launched what it described because the “first licensed on-chain personal credit score fund” on the Polygon PoS blockchain, introduced a $5.2 million funding spherical led by GnosisVC, with strategic participation from Outlier Ventures, HODL Ventures , XBTO, LucidBlue Ventures, CryptoHedge, Marcello Mari (SingularityDAO) and others. In response to the workforce, “Credbull goals to democratize personal credit score RWA investments by connecting conventional finance with Web3.”

Web3 streaming platform Myco.io will ship content material on Aptos

Myco.io, a Web3 streaming platform, introduced 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 Period Mainnet of Ethereum Layer-2 Mission ZKsync

Aave, the biggest DeFi lending protocol with a complete worth of $11.9 billion, introduced the launch of Aave V3 on Period Mainnet, powered by ZKsync. In response to the workforce, “Aave has entry to cutting-edge ZK expertise with low-cost transactions, whereas deriving the safety of ETH with cryptographic proofs.” Chainlink, the blockchain oracle challenge, “will present safe and dependable value feeds.” Aave founder Stani Kulechov stated in an announcement from a spokesperson for the challenge: “Period Mainnet affords the very best degree of scalability and efficiency and with out data proofs the power so as to add privateness capabilities and extra safety for customers and settings. The Elastic Chain ecosystem can increase to accommodate completely different institutional use circumstances whereas making certain scalability.” (AAVE)ZK