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Krypital Group September Review
- In September, deBridge hit a significant milestone, surpassing $4.1 billion in total transaction volume across its ecosystem, marking a strategic move in bridging Bitcoin liquidity to alternative chains.
- ZeroLend launched an exclusive market for BTC-based restaking tokens in collaboration with Pendle and EtherFi, and also officially launched on Base with AerodromeFi.
- Injective introduced new real-world asset (RWA) markets including tokenized stocks, ETFs, and real estate, as well as launched the first-ever perpetual market for BlackRock's BUIDL ETF.
- Pyth Network launched Oracle Integrity Staking (OIS), incentivizing high-quality data for over 500+ real-time price feeds enhancing data integrity across DeFi.
- Raiinmaker introduced the AI Reputation system, allowing users to earn rewards based on their contributions to training decentralized AI models, and partnered with Jambo to democratize Web3 and AI in Africa, Southeast Asia, and Latin America.
- SolvBTC.BBN Integration with SatLayer allows stakers to earn additional rewards on Babylon ecosystem, while Solv Protocol introduced SolvBTC.CORE, a liquid staking token for Bitcoin, in collaboration with the Core ecosystem.
- Autonomys is preparing for a two-phase mainnet launch, with Phase-1 in October 2024 focusing on the core consensus layer, and Phase-2 in Q1 2025 introducing the domain layer.
- Glassnode report highlights that recent market activity for Bitcoin shows resilience despite volatility, with demand playing a key role in mitigating more significant declines, and market corrections remaining milder compared to prior bull markets.
- According to CryptoQuant and Coinglass, Ethereum futures funding rates show renewed optimism, signaling that traders are showing a renewed willingness to open long positions in the perpetual futures market, and further fueling bullish sentiment in the crypto space.
- Krypital Group is a leading global venture capital firm and blockchain incubator, investors and incubators to more than 100 projects.
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