Pantera Capital and Bullish also participated in the ANVL purchase as Anvil rolls out software designed to make its collateral protocol easier for businesses to integrate.
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The future of crypto may therefore depend less on creating the next novel asset and more on building the infrastructure required to price a growing universe of existing ones, argues Altius co-founder and CEO Annabelle Huang.
The exchange is increasingly aiming to position itself as a global financial tech platform spanning crypto, payments and tokenized assets, following an investment and joint venture with NYSE parent ICE.
The Ethereum layer-2 is backing Paxos-issued USDG to earn a share of reserve income as new stablecoin alliances compete for distribution, users and reserve economics.
Adam Iza’s sentence runs concurrently with a 15-year term imposed last month for his role in an attempted bitcoin robbery.
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