Press Release

Coinbase-Backed DeSo SocialFi App Focus Raises $75 Million in One Week

Los Angeles, California, February 7th, 2024, Chainwire Key Takeaways Focus, the revolutionary new decentralized SocialFi app, raised $75 million in one week Focus rivals subscription platforms like OnlyFans and Patreon, a multi-billion-dollar industry Users can reserve with DESO, BTC, ETH, and more to earn a 90% bonus in $FOCUS tokens for a limited time Focus, a new decentralized SocialFi app built on the DeSo blockchain, has made waves in the crypto industry by amassing over $75 million in token reservations within its first week of launch. This unprecedented achievement not only demonstrates the platform’s potential but also reflects the growing

Ondo Finance Brings Real-World Assets and Yield-Bearing Stablecoin-Alternative, USDY, to Sui

Grand Cayman, Cayman Islands, February 7th, 2024, Chainwire Ondo’s Sui upcoming integration will bring native access to new tokenized assets such as treasuries, securities, and stablecoins on chain Sui, the Layer 1 blockchain which has experienced explosive growth since its inception eight months ago, today announced that Ondo Finance is expanding into the Sui ecosystem. The expansion will bring Sui Network’s first native dollar-denominated token (including stablecoins and interest-bearing stablecoin substitutes) in the form of Ondo USD Yield or “USDY” — a US treasury-backed and interest-bearing token issued by Ondo.  Ondo’s expansion to Sui adds to Sui’s blistering DeFi momentum,

Skyline Digital makes TradFi accessible on Web3

Zug, Switzerland, February 7th, 2024, Chainwire The Swiss-based platform Skyline Digital empowers underbanked Web3 Businesses, Founders, and DAOs to access third-party fiat payments, OTC trades, tokenized real-world assets, vIBANs, and on/off-ramping. Web3 Businesses, DAOs, and High Net Worth Individuals find themselves underserved by traditional banks, while custodial and centralized crypto exchanges pose risks and unreliability. Skyline Digital has made it a mission to solve these issues at the core of Web3 business with its non-custodial platform, providing access to TradFi services directly from any wallet.  Switzerland is the crypto-friendly home base of Skyline Digital, from where it operates as a

Decentralized Fund Management Platform DeSyn Launch Liquidity Restaking Fund, Enjoy triple points for Eigenlayer, Renzo, and DeSyn

Hong Kong, Hong Kong, February 6th, 2024, Chainwire After a period of tranquility, the Ethereum ecosystem is gradually regaining momentum with the rise of the Restaking. As seasoned DeFi participants, DeSyn has consistently focused on developing the Ethereum network. Previously, DeSyn initiated the launch of the 3x ETH Leveraged ETF based on sharp market insights, aiming to promote diversity in Ethereum network products and assist users in maximizing their returns within the Ethereum ecosystem. Today, DeSyn announces the launching of the DeSyn ETH Restaking Fund I( 3x Points), dedicated to participating in this industry revolution alongside ecosystems such as Eigenlayer