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Lyra, a protocol for options trading on Ethereum, announced today a $3.3M seed raise co-led by the largest venture capital firms in the decentralized finance (DeFi) space, Framework Ventures and ParaFi Capital, with support from the DeFi Alliance, Divergence, Orthogonal, Robot Ventures and Apollo Capital. Built on Optimism, an Ethereum layer 2 scaling solution, Lyra is the first options protocol to manage risk for its liquidity providers, which enables it to offer the best pricing and liquidity for traders.
.forever Enters One Week Sunrise Period For Trademark Owners – Blockchain’s First Truly Decentralized Top-Level-Domain
EnCirca announced that they are accepting registrations for the one-week Trademark Sunrise Period for the .forever blockchain-based Top-Level-Domain (TLD). EnCirca is the exclusive Sunrise registrar for the .forever TLD. Trademark owners have one week to submit registrations before the .forever Land Rush begins on August 2. Registrations are permanent with a one-time fee and the names do not expire.
Sila, an API platform that provides payment infrastructure as a service while ensuring regulatory compliance, announced $13M in Series A funding led by Revolution Ventures, bringing total funding to over $20M. Existing investors, Madrona Venture Group, Oregon Venture Fund, and Mucker Capital, and angels including Taavet Hinrikus, Co-founder and Chairman of Wise, also participated in the round.
Derivatives Exchange, Bitget, has announced its strategic partnership with leading blockchain finance service provider, Circle. Through this collaboration, Bitget will list USDC and become the world’s first Exchange to support USDC as collateral for the margin trading of derivatives.