Cryptocurrency incubator Obex announces deployment of $1 billion to connect Sky ecosystem's USDS stablecoin with real-world assets, focusing on investments in credit, energy, and AI assets to enhance USDS holder yields and drive the Sky ecosystem beyond pure crypto returns. Sky is the world's third-largest stablecoin issuer and plans to scale USDS supply to $20 billion.
BitMine announces the launch of MAVAN, an institutional-grade Ethereum staking platform that supports validator infrastructure for both internal and external clients. The platform is expected to expand to more ETH assets, combining US and global infrastructure. Recently staked 101,776 ETH, with projected annual returns approaching 300 million dollars.
The Solana Foundation plans to position its network as core infrastructure for the emerging "agentic internet," where AI systems initiate economic activity. Chief Product Officer Vibhu Norby stated that AI will impact various industries, and Solana's payment infrastructure has already processed approximately 15 million agent-initiated payments. In the future, this will reshape internet business models and drive the development of micropayments and pay-as-you-go models.
Gate News report: On March 25, Resolv Foundation announced that due to a recent security incident involving Resolv Labs' stablecoin USR, both the protocol and applications have been suspended. Season 4 airdrop claim functionality is temporarily unavailable, and staking and unstaking functions for RESOLV tokens are also temporarily unavailable. Once the protocol recovery plan is finalized and the application can be safely used again, the relevant functions will be restored.
Kairos Labs completes $2.4 million seed round funding, launching a permissionless, non-custodial interest rate swap protocol based on EVM, with plans to deploy on Ethereum mainnet and Base. The protocol will optimize interest rate risk management in the DeFi market, driving the development of fixed income products.
Ethereum ecosystem interest rate swap protocol Kairos Labs completed a $2.4 million seed round of financing on March 25, led by 6th Man Ventures with participation from Lattice and others. The project has graduated from Alliance Accelerator and is expected to launch on Ethereum mainnet and Base network in the near future.