Circle Ventures invested in edgeX, a decentralized derivatives trading platform. The investment amount was undisclosed, and edgeX plans to introduce the stablecoin USDC and the Cross-Chain Transfer Protocol (CCTP) on its platform.

EdgeX also said it aims to issue its own token by March 31. The platform currently reports about 295,000 users, with daily trading volume near $5 billion and open interest around $1 billion. The investment signals growing institutional interest in DeFi and cross-chain interoperability as platforms prepare for token issuance.

Follow NOW

Leave a Reply

More Articles

follow now

Trending

Discover more from Rich by Coin

Subscribe now to keep reading and get access to the full archive.

Continue reading