kr1

According to on-chain analyst Yu Jin's monitoring, the digital asset technology company KR1, listed on the London Stock Exchange, transferred 3.7 million LDO to Kraken one hour ago, equivalent to approximately 990,000 USD at current prices. KR1 is also an investor in Lido.Considering its current holding structure, the assets held by KR1, including ETH, DOT, NXM, RED, LDO, ATOM, and TIA, have generally experienced significant drawdowns this year, and this transfer may be related to asset adjustment needs.

ChainCatcher news, according to the Financial Times, as the UK's attitude towards the crypto industry becomes increasingly friendly, a British crypto company plans to list on the London Stock Exchange, marking the first listing of a digital asset company in recent years.Based in the Isle of Man, KR1, which specializes in cryptocurrency "staking," intends to transfer from the small-cap Aquis Exchange to the main board of the London Stock Exchange to attract more institutional investors. Its co-founder Keld van Schreven stated that this move is like the "starting gun for a new asset class to go public," and he expects more crypto companies to follow suit. He emphasized that KR1, with a market capitalization of approximately £56 million, is "the first digital asset company to truly list in London, not just a financial packaging." Due to stricter rules at the London Stock Exchange, KR1 has hired additional auditors and expanded its board. It is reported that the transfer plan will be completed next month.

ChainCatcher news, focusing on stablecoin innovation, Dubai-based venture capital incubator Code & State announced it has secured $3 million in funding. This round was led by Warburg Serres and KR1, and the funds will be used to incubate projects aimed at promoting the real-world applications of stablecoins.It is reported that Code & State is a venture capital studio dedicated to building and scaling stablecoin enterprises, founded by Cédric Waldburger and Artia Moghbel. Code & State provides startups with funding, mentorship, and infrastructure support to help address key challenges in the stablecoin ecosystem, such as payment systems, cross-border remittances, compliance, and security.

ChainCatcher news, according to Onchain Lens monitoring, KR1 has transferred 3.4 million LDO (worth 4.25 million USD) to a new address and moved 400,000 LDO to Coinbase.KR1 received 15 million LDO for $150,000 on December 17, 2020. Currently, it still holds 8 million LDO, approximately 10.02 million USD.

According to ChainCatcher news, Moondance Labs, the developer of the application chain infrastructure protocol Tanssi Network, announced the completion of a $6 million strategic financing round, led by Scytale Digital, KR1, and SNZ, with participation from Arrington Capital, Borderless Capital, Hypersphere, Blockchain Founders Fund, and angel investor Gavin Wood.The funds from this round of financing will be used to expand the Moondance Labs team and further develop Tanssi. In addition, Tanssi plans to launch an incentive testnet event. Previously, in May 2023, Moondance Labs announced the completion of a $3 million seed round financing, led by Arrington Capital, with participation from Borderless Capital, HashKey Capital, D1 Ventures, Hypersphere, C² Ventures, and Jsquare.

ChainCatcher news, according to CoinDesk, Interop Ventures announced the raising of $3.85 million from investors, including KR1, LBank Labs, and Sunny Aggarwal. This funding will be used to invest in "inter-chain finance."

ChainCatcher news, according to CoinDesk, Nym Technologies' Nym Innovation Fund has received over $300 million in investment commitments from investors such as Polychain, KR1, Huobi Incubator, and Eden Block. The fund will provide funding for cryptocurrency builders, developers, and communities, with a focus on privacy.