Kraken Exchange to Offer First Grants for Open-Source Ethereum Projects
Kraken is for the first time funding open-source Ethereum projects.
Of the remaining $25 million, $5 million was distributed to create The Bitcoin Endowment.
South Korea-based Calvin Kim works primarily on the bitcoin scaling project Utreexo.
Funding of AU$5.6 million has gone to blockchain provenance startup Everledger and tech consultancy Convergence.Tech.
This marks the 26th grant by the Cash App parent-company offshoot.
Square Crypto is issuing another Bitcoin developer grant for research on Bitcoin design and user experience.