Protocols

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Blockchain-Based, AI Compute Protocol Gensyn Closes $43M Series A Funding Round Led by a16z
The capital infusion comes as interest in AI surges. Gensyn said it would use the money to accelerate the start of the protocol and expand its workforce.
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Crypto’s Path to Wall Street Could Get Easier With New Plumbing
The FIX Protocol has added support for the Digital Token Identifier (DTI) to simplify and standardize communication for trading digital assets.
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DeFi Protocol Balancer Cuts Budget, Slashes Headcount Ahead of Strategy Pivot
The protocol’s service providers have let go of two front-end engineers as they focus on overhauling the platform’s brand. 
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Superchain Network Raises $4M to Build Decentralized Data Indexing Protocol
The $4 million combined seed and pre-seed round included participation from Blockchain Capital, Maven 11 and other investors.
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Systems such as BOLT 12 could put more privacy in the hands of Lightning Network users. (Adrian Tudor/500px/Getty Images)
Bitcoin's Lightning Network Could Be Getting a Privacy Upgrade
One new standard being developed by Blockstream is already running on the company’s Core Lightning implementation.
Systems such as BOLT 12 could put more privacy in the hands of Lightning Network users. (Adrian Tudor/500px/Getty Images)

Markets Daily Podcast Cover
Crypto Update | The Dollar Can Be a Protocol for the Future of Money
Bitcoin remains rangebound at around $20K, plus a look at how a stablecoin-based model of money may allow innovation to flourish. 'Markets Daily' is back with the latest round...
Markets Daily Podcast Cover

A venture capitalist pinpoints common characteristics of successful Web 3 protocols. (David Bruyndonck/Unsplash)
Which Web 3 Protocols Are Most Likely to Succeed? A VC Suggests a Common Thread
The protocols most likely to become valuable are popular but also have features that cannot be replicated.
A venture capitalist pinpoints common characteristics of successful Web 3 protocols. (David Bruyndonck/Unsplash)

DeFi infrastructure provider Qredo has raised $80 million. (Getty Images)
DeFi Infrastructure Provider Qredo Raises $80M at $460M Valuation
10T Holdings, a crypto investment firm led by hedge fund manager Dan Tapiero, led the round.
DeFi infrastructure provider Qredo has raised $80 million. (Getty Images)

Polychain Capital founder Olaf Carlson-Wee
DeFi Protocol Element Finance Raises $32M in Series A Round
Polychain Capital led the round, which also included Andreessen Horowitz and other previous investors.
Polychain Capital founder Olaf Carlson-Wee