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xAI raises $6B in a Series C funding round #xAI secures $6B in a Series C funding round from A16Z, Blackrock, Fidelity Management & Research Company, Kingdom Holdings, Lightspeed, MGX, Morgan Stanley, OIA, QIA, Sequoia Capital, Valor Equity Partners, Vy Capital and others. xAI will utilize raised funds to accelerate its infrastructure, research and development of future technologies. xAI is a company working on building artificial intelligence to accelerate human scientific discovery. ๐ x.ai/blog/series-c
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Band Protocol unveils a strategic integration with OKX X Layer #BandProtocol integrates with OKX #XLayer , a ZK-powered #Layer2 network, to democratize data access in the blockchain space. This integration enables developers to utilize #Ethereum tools and assets with significant cost savings and high-speed ZK infrastructure, providing end users with faster, lower-cost transactions without compromising security or decentralization. Band Protocol is a cross-chain data oracle platform that aggregates and connects real-world data and APIs to smart contracts. ๐ blog.bandprotocol.com/band-supercharges-xlayer-balancing-familiarity-and-innovation/
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Trrue receives a $10M investment commitment from GEM Digital #Trrue secures a $10M investment commitment from #GEMDigital to accelerate the development of blockchain technology with a focus on sustainability and regulatory compliance. Trrue will utilze secured funds for product development, ecosystem growth and further exchange listings for the platform's utility token. In return, GEM Digital will receive $TRRUE tokens in the ESG-focused blockchain. Trrue is a #Layer1 network that aims to unlock enhanced compliance opportunities for #ESG and Impact projects. ๐ coindesk.com/business/2024/12/24/esg-focused-blockchain-trrue-secures-10-m-investment-commitment-from-gem-digital
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COIN OF THE DAY $AAVE #Aave #CRYPTO2024 #DYOR
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TOP #LAYER2 PROJECTS BY SOCIAL ACTIVITY $POL $ZK #MNT $ARB #STRK #STX #OP $IMX $MANTA $AZERO
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