Binance Square
#townsquare

townsquare

3,878 views
20 Discussing
Phoenix Group
·
--
TownSquare raises $16.25M in a Pre-A funding round #TownSquare secures $16.25M in a Pre-A funding round from World Liberty Financial, Arcane Group, Auros, Amber Group, OKX Ventures, Moca Network, Animoca Ventures, SHV, Bixin Ventures, Aptos and other investors. TownSquare will utilize secured funds to bring institutional yield with USD1 and RWAs to retail. TownSquare is a decentralized protocol combining leveraged trading and yield strategies through a cross-chain money market and modular yield vaults, enabling leveraged exposure to assets such as principal tokens, LP tokens, and liquid staking tokens. 👉 blog.townsq.xyz/funding
TownSquare raises $16.25M in a Pre-A funding round

#TownSquare secures $16.25M in a Pre-A funding round from World Liberty Financial, Arcane Group, Auros, Amber Group, OKX Ventures, Moca Network, Animoca Ventures, SHV, Bixin Ventures, Aptos and other investors. TownSquare will utilize secured funds to bring institutional yield with USD1 and RWAs to retail.

TownSquare is a decentralized protocol combining leveraged trading and yield strategies through a cross-chain money market and modular yield vaults, enabling leveraged exposure to assets such as principal tokens, LP tokens, and liquid staking tokens.

👉 blog.townsq.xyz/funding
🚀 TownSquare secures $16.25 million in funding! 💰 Funding Details: • Amount: $16.25M • Lead Investors: World Liberty Financial Ecosystem Fund, OKX Ventures • Angel Investors: Monad Co-founder, a16z Asia Pacific Head, Solana / Aptos Ecosystem Investors 🎯 Background Evaluation: • The institutional lineup is quite impressive • Strong multi-chain ecosystem resources 📦 Yield product launching soon: • Supported Assets: USD1, on-chain gold, cbBTC, and other RWA • Deployment Chains: Monad, BSC, and other multi-chain 💡 Worth Noting: • RWA + yield is the current hot narrative • Multi-chain deployment covers a broader user base • Keep an eye on participation opportunities after product launch ⚠️ Note: • Be cautious of contract risks in the initial phase of new product launch • It's advisable to observe before jumping in #TownSquare #RWA #融资 #Monad #BSC
🚀 TownSquare secures $16.25 million in funding!

💰 Funding Details:
• Amount: $16.25M
• Lead Investors: World Liberty Financial Ecosystem Fund, OKX Ventures
• Angel Investors: Monad Co-founder, a16z Asia Pacific Head, Solana / Aptos Ecosystem Investors

🎯 Background Evaluation:
• The institutional lineup is quite impressive
• Strong multi-chain ecosystem resources

📦 Yield product launching soon:
• Supported Assets: USD1, on-chain gold, cbBTC, and other RWA
• Deployment Chains: Monad, BSC, and other multi-chain

💡 Worth Noting:
• RWA + yield is the current hot narrative
• Multi-chain deployment covers a broader user base
• Keep an eye on participation opportunities after product launch

⚠️ Note:
• Be cautious of contract risks in the initial phase of new product launch
• It's advisable to observe before jumping in

#TownSquare #RWA #融资 #Monad #BSC
Article
TownSquare's $100 Million USD1 Plan: The Stablecoin Competition Enters Activation StageAnnounced a $100 million USD1 funding initiative. It's a stablecoin issued by WLFI, deeply involved with the Trump family's DeFi project. TownSquare is a protocol for cross-chain yield infrastructure, with a team background from Coinbase, Meta, Accenture, and some market makers. This reflects a trend: the competition among stablecoins. Next, it's about whether your funds are just chilling in your wallet or actively working on-chain to generate yields. 1️⃣ USD1's multi-chain deployment strategy: TownSquare plans to distribute the $100 million USD1 across three chains: Ethereum, BNB Chain, and Monad. Why these three? Ethereum is the hub for institutional settlements, BNB Chain is where retail traders are most active, and Monad focuses on high-performance trading, processing thousands of transactions per second. For a stablecoin to scale, it can't just be crammed onto one chain.

TownSquare's $100 Million USD1 Plan: The Stablecoin Competition Enters Activation Stage

Announced a $100 million USD1 funding initiative.
It's a stablecoin issued by WLFI, deeply involved with the Trump family's DeFi project. TownSquare is a protocol for cross-chain yield infrastructure, with a team background from Coinbase, Meta, Accenture, and some market makers.
This reflects a trend: the competition among stablecoins. Next, it's about whether your funds are just chilling in your wallet or actively working on-chain to generate yields.
1️⃣ USD1's multi-chain deployment strategy:
TownSquare plans to distribute the $100 million USD1 across three chains: Ethereum, BNB Chain, and Monad. Why these three? Ethereum is the hub for institutional settlements, BNB Chain is where retail traders are most active, and Monad focuses on high-performance trading, processing thousands of transactions per second. For a stablecoin to scale, it can't just be crammed onto one chain.
Log in to explore more content
Join global crypto users on Binance Square
⚡️ Get latest and useful information about crypto.
💬 Trusted by the world’s largest crypto exchange.
👍 Discover real insights from verified creators.
Email / Phone number