Chorus One has previously deployed “millions” of dollars to 26 projects before formally setting up a venture investment arm, according to Meegan. The company has prioritized investments in networks where the company runs nodes, the mechanisms that make staking possible. The staking provides deep technical knowledge, rewards, tokens and revenue, and the additional investment can result in even more tokens, Meegan said.
OpenDelta Raises $2.5M to Build Bitcoin-Based Stablecoin Using Runes
OpenDelta’s flagship token, USDO, will retain its dollar value by hedging bitcoin (BTC) deposited by users as collateral. The token...