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On-chain die-cast car collectibles platform Rip Cars announced the completion of 1500000 USD strategic financing, with investors including DBA, Colosseum, and Kyle Samani, among others. The platform is based on Solana, providing digital card packs corresponding to physical Hot Wheels and physical redemption services.
[New Fundraising] Luxor Technology Completes $16 Million Strategic Financing Round Led by CMT Digital Luxor is a service provider focused on Bitcoin mining infrastructure, with core offerings including a mining pool, custom firmware, energy management, and hashrate derivatives. Its pool settles via FPPS, firmware optimizes miner performance, energy tools enable demand response participation, and derivatives hedge mining revenue risk. Source: https://luxor.tech/news/corporate-news/article/luxor-raises-16-million-strategic-round-led-by-cmt-digital
Luxor Technology announced the completion of 16000000 USD strategic financing, led by CMT Digital. The funds are intended to be used to expand its AI cloud platform, supplement its AI hardware working capital, and expand its computing power derivatives business.
[New Fundraising] Hylo closed a $1M strategic funding round Hylo is a decentralized stablecoin protocol on Solana, composed of two symbiotic tokens: hyUSD and xSOL. hyUSD is backed by liquid staking tokens (LSTs) as collateral, maintaining a 1:1 peg, while xSOL provides users with long-term leveraged exposure to SOL without liquidation risk. The protocol uses over-collateralization and arbitrage mechanisms to maintain stability, with all operations executed on-chain, requiring no trust in third parties. Source: https://x.com/hylo_so/status/2112566110654804164?s=20