Elastos Secures $20M Investment from Rollman Capital to Unlock Trillions in Bitcoin Finance

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TheNewsCrypto 16h ago

Elastos Secures $20M Investment from Rollman Capital to Unlock Trillions in Bitcoin Finance - TheNewsCrypto

Quick Summary:

As Elastos enters its next phase of growth, participants can join the ecosystems CRC DAO by acquiring merge-mined ELA, which has a market cap of $48,542,586 and is secured by nearly 50% of Bitcoin’s hashrate (366.01 EH/s, equivalent to 244.008 Frontier Supercomputers).

The $20M investment from Rollman will drive the advancement of Elastos technologies and also help Elastos reorient its branding, mature its technological stance, and go to market.

Rollman Management, recognized for its high-profile investments in blockchain projects like Ripple, Ethereum, Solana, and Planck, now ranks Elastos among its top five holdings.