Credbull Closes $5.2M Round Led by Gnosis VC to ‘Democratize Private Credit’ On-chain

PROTOCOL VILLAGE EXCLUSIVE: Credbull, which in April launched what it described as the “first licensed on-chain private credit fund” on the Polygon PoS blockchain, announced a $5.2M funding round led by GnosisVC, with strategic participation from Outlier Ventures, HODL Ventures, XBTO, LucidBlue Ventures, CryptoHedge, Marcello Mari (SingularityDAO) and others. According to the team, “Credbull aims to democratize private credit RWA investments by connecting traditional finance with Web3.”

Web3 Streaming Platform Myco.io to Ship Content on Aptos

Myco.io, a Web3 streaming platform, announced a strategic partnership with Aptos Foundation to ship content on the Aptos blockchain. According to the team: “The collaboration will focus around technical integration, developing builder resources and a mutual commitment to advancing Web3 technologies and delivering next-generation, decentralized digital streaming experiences.” (APT)

Aave Comes to Ethereum Layer-2 Project ZKsync’s Era Mainnet

Aave, the biggest DeFi lending protocol with a total value locked of $11.9 billion, announced the launch of Aave V3 on Era Mainnet, powered by ZKsync. According to the team, “Aave can access advanced ZK tech with low-cost transactions while deriving security from ETH with cryptographic validity proofs.” Chainlink, the blockchain oracle project, “will provide secure and reliable price feeds.” Aave founder Stani Kulechov said in a statement relayed by a spokesperson for the project: “Era Mainnet offers the highest level of scalability and performance and with zero knowledge proofs, the opportunity to add privacy capabilities and additional security for users and institutions. Additionally, the Elastic Chain ecosystem can expand to accommodate various institutional use cases while ensuring scalability.” (AAVE) {{ZK}}