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CATEGORY: interlay


Interlay introduces new protocol for Bitcoin’s reciprocal relationship with DeFi

Author: Cointelegraph By Tom Farren
United States
Apr 07, 2022 04:40

Interlay introduces new protocol for Bitcoin’s reciprocal relationship with DeFi

XCC is positioned as a supporting mechanism to XCLAIM, a protocol which acts as the foundational layer for Interlay’s Bitcoin one-to-one backed asset interBTC.

Interlay aims to advance Bitcoin’s DeFi potential with new interoperable bridge

Author: Cointelegraph By Tom Farren
United States
Mar 24, 2022 04:40

Interlay aims to advance Bitcoin’s DeFi potential with new interoperable bridge

Interlay was the recipient of an up-to-$100,000 Web3 Foundation grant in March 2020 to develop the parachain technology implemented.

Dec 30, 2021 08:55

Interlay has raised $6.5M in a Funding Round led by DFG

On Polkadot, the project intends to introduce tokenized Bitcoin as well as then expand to certain other Layer 1 blockchain networks. Interlay has raised $6.5 million in a funding round which was led by DFG. IOSG, KR1, Hypersphere, Nexo Finance, D1 Ventures, and Signum Capital were among the investors in the round, which was led […]

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