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Produced by Daniel Aharonoff & Mogul Media AI

Zoth Raises $2.5M to Transform Finance with RWAs

Zoth: Bridging Liquidity Across TradFi and OnchainFi In an era where the integration of traditional finance (TradFi) and decentralized finance (DeFi) is paramount, Zoth emerges as a game-changer. The recent announcement of their $2.5 million funding round marks a significant milestone in their mission to provide sustainable yields backed by real-world assets (RWAs). This development sets the stage for a multichain stablecoin ecosystem that promises to deliver native sustainable yield to the DeFi landscape. Funding Round Highlights Lead Investor : Blockchain Founders Fund Participating Investors : Borderless Capital Mindfulness Capital YAP Capital Momentum6 Singularity DAO Aztlan Capital Outlier Ventures Decubate Wormhole Ecosystem Fund Notable angel investors from Huma Finance and Circle Zoth’s funding round is not just about capital; it includes a strategic partnership with the XDC Network blockchain, enhancing the efficiency and transparency of handling RWAs. T...
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Produced by Daniel Aharonoff & Mogul Media AI

Ubisoft Joins WeMade in Blockchain Gaming Partnership: Wemix 3.0 Network Expansion

Ubisoft has recently made a significant move in the blockchain gaming industry by partnering with Korean game publisher WeMade as a member of its blockchain node council. This partnership involves Ubisoft running validator nodes for the newly launched Wemix 3.0 network. Operating on a proof of stake authority consensus algorithm, this network relies on nodes to validate transactions, marking a pivotal moment in Ubisoft's expanding presence within the blockchain gaming sector. This strategic collaboration underscores Ubisoft's ongoing commitment to embracing blockchain technology, as evidenced by its prior investments in NFTs and strategic partnerships with various other blockchain platforms.

Key Points:

  • Ubisoft has joined WeMade's blockchain node council as a partner, overseeing validator nodes for the Wemix 3.0 network.
  • The Wemix 3.0 network utilizes a proof of stake authority consensus algorithm that mandates node validation for transactions.
  • This partnership signifies Ubisoft's continuous growth and involvement in the blockchain gaming space.
  • Ubisoft's decision to align with WeMade underscores its strategic focus on blockchain technology, building on previous forays into NFTs and partnerships with other blockchain platforms.
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