Tether joins $5.2M round in stablecoin infrastructure builder Ark Labs
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The funding will support development of a programmable execution layer designed to enable faster issuance and settlement of digital assets on the network.
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The funding will support development of a programmable execution layer designed to enable faster issuance and settlement of digital assets on the network.
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The program connects crypto companies, banks and payment providers to explore blockchain-based payment and settlement infrastructure.
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The digital asset infrastructure company plans to launch the pool in April as it expands beyond Bitcoin mining services.
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The investment makes Strive the latest company to add the yield-generating security to its balance sheet as companies explore Bitcoin-linked treasury instruments.
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The collaboration will provide custody and trading infrastructure as StableX builds a $100 million digital asset treasury focused on stablecoins.
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The French banking groupβs digital asset arm expanded its MiCA-aligned euro-backed stablecoin as part of a multichain strategy for regulated digital asset infrastructure.
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The move to revive Solana ecosystem journalism comes after a $40 million treasury wallet breach at parent Step Finance led to its shuttering.