Elastos completes $20 million financing and plans to expand BTC Decentralized Finance protocol BeL2

Foresight News, according to CoinDesk, Decentralized Finance infrastructure provider Elastos has raised $20 million from private investment firm Rollman Management to expand its BTC Decentralized Finance protocol BeL2 and promote its merged mining token ELA as a BTC reserve asset. BeL2 allows BTC holder to mortgage BTC and access Ethereum blockchain Smart Contract services, such as stablecoin minting and peer-to-peer lending.

ELA-2,14%
BTC-1,92%
DEFI-3%
BEL-5,49%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)