Odaily Planet Daily reports that crypto asset collateral protocol Anvil has announced the completion of a $5 million purchase of its governance tokens, led by venture capital firm Founders Fund, with participation from Pantera Capital, Theta Blockchain Ventures, Bullish, and Protoscale Capital.

Anvil has launched a software development kit to help businesses and financial institutions integrate its digital asset collateral technology without writing blockchain code. The protocol uses collateral to secure financial commitments, without requiring collateral providers to borrow or pay interest. (CoinDesk)