Abound was developed by the Times of India Group, a Mumbai-based media company. Although it’s not entirely clear how blockchain technology and digital assets factor into Abound’s service offerings, if at all, participation from Near and Circle Ventures suggests that blockchain-focused companies are increasingly focused on cross-border payments and remittance services. Source: Near ProtocolChronicle closes seed roundChronicle, an Ethereum Oracle and tokenization infrastructure provider, raised $12 million in seed funding led by Strobe Ventures, formerly known as BlockTower Venture Capital.
Demand for dollar-backed digital tokens has surged over the past two years, with the total stablecoin market approaching $230 billion.Source: RWA.xyzRelated: VC Roundup: Bitcoin RWA, BNB incubator, Web3 gaming secure fundingHalliday raises $20M for Agentic Workflow ProtocolNo-code blockchain developer Halliday has closed a $20 million Series A funding round to scale its Agentic Workflow Protocol (AWP) — an AI tool that helps developers build DeFi applications without the need to write smart contracts.
Source: The TIEEarly signs suggest that March was arguably a stronger month for crypto VC deals, as evidenced by the growing size of the investment rounds and the number of investors participating. Eight deals are featured in this month’s VC Roundup — and seven of them were valued in the eight-figure range. Related: VC Roundup: Investors continue to back DePIN, Web3 gaming, layer-1 RWAsAcross Protocol raises $41M via token saleAcross Protocol, an Ethereum crosschain interoperability platform, raised $41 million in a token sale that was led by San Francisco-based venture firm Paradigm.
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