Crypto asset collateral protocol Anvil said it has completed a $5 million governance token purchase, with venture capital firm Founders Fund leading the round. Pantera Capital, Theta Blockchain Ventures, Bullish and Protoscale Capital also participated.
Anvil also said it has launched a software development kit aimed at helping enterprises and financial institutions integrate its digital asset collateral technology without writing blockchain code. According to the company’s description, the protocol uses collateral to back financial commitments and does not require collateral providers to borrow funds or pay interest.
The update was reported by CoinDesk and carried by Odaily as a newsflash under the technology category.
Crypto asset collateral protocol Anvil has completed a $5 million governance token purchase, led by venture capital firm Founders Fund, according to an Odaily newsflash citing CoinDesk.
Pantera Capital, Theta Blockchain Ventures, Bullish and Protoscale Capital also joined the purchase.
Anvil said it has launched a software development kit designed to help enterprises and financial institutions connect to its digital asset collateral technology without writing blockchain code.
The protocol uses collateral to back financial commitments, and it does not require collateral providers to borrow or pay interest.
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