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We'll also be covering Circle Ventures' investment in edgeX. Since it's one of the companies we've worked with, we should take a quick look at the news. The TGE felt a bit delayed, but it looks like some good news has come out! 🔍 What is edgeX? - Decentralized Perpetual Futures Exchange - Mobile-centric → Large Asian user base - Also supports real-world assets (RWA) like gold and silver trading 📸 Key Points - Circle Ventures invested in edgeX (undisclosed amount) - The investment is significant because it was made before the token launch - USDC is introduced on the edgeX chain (EDGE Chain) - Cross-chain USDC transfers are also easier (CCTP) * Deposits, withdrawals, and settlements are now faster and more stable ⭐️ Why It's Important - Circle Investment = Increased Trust - DeFi exchanges are evolving toward infrastructure used by institutions - A platform for actual trading The fact that the company that created USDC is directly investing and deploying its own stablecoin on edgeX seems to have increased trust and expectations. However, it might be better to wait a little longer and see how things go!

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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