RECAThe Resistance Cat प्राइस

On August 26, according to official news, City Protocol, an on-chain structured product infrastructure, announced the completion of its seed and Pre-A funding rounds, raising a total of $11 million. Investors include Dragonfly, Jump Crypto, CMT Digital, Stratified Capital, Adaverse, and Mirana. City Protocol aims to bring structured products on-chain by providing an integrated infrastructure for issuance, operation, and acquisition through a tokenization layer, treasury layer, and issuance operation layer. Its flagship product is the on-chain structured product platform Venzo, which has launched four strategy treasuries with a total value locked (TVL) of $40 million, covering strategies such as quantitative hedging, cross-exchange arbitrage, and private credit, which have traditionally targeted institutional and professional investors. Venzo will also soon launch thematic treasuries, categorized into individual tracking and sector themes, allowing users to directly buy and adjust a basket of assets in their wallets according to publicly defined rules.

On August 26, according to official news, on-chain structured product infrastructure City Protocol announced the completion of its seed and Pre-A funding rounds, raising a total of $11 million. Investors include Dragonfly, Jump Crypto, CMT Digital, Stratified Capital, Adaverse, and Mirana. City Protocol aims to bring structured products on-chain by providing integrated infrastructure for issuance, operation, and acquisition through a tokenization layer, treasury layer, and issuance operation layer. Its flagship product is the on-chain structured product platform Venzo, which has launched four strategy treasuries with a total value locked (TVL) of $40 million, covering strategies such as quantitative hedging, cross-exchange arbitrage, and private credit that were previously mainly aimed at institutional and professional investors. Venzo will also soon launch thematic treasuries, categorized into character tracking and sector themes, allowing users to buy and adjust a basket of assets directly in their wallets according to publicly defined rules.

On August 26, HashKey Holding Limited (HK3887), through its blockchain infrastructure service provider HashKey On-Chain, established a strategic brand partnership with Conflux Network. The two parties will deepen collaboration across multiple dimensions, including public chain node verification, infrastructure development, and cross-chain technology cooperation. This partnership is based on the principles of equality, mutual benefit, and joint technological development, marking a comprehensive integration and joint layout of the two ecosystems in the Web3 infrastructure sector. The collaboration will be led by HashKey Cloud, focusing on infrastructure services. After completing relevant assessments, HashKey Cloud will participate in the operation of the Conflux network as a validation node or infrastructure provider. On the technical side, both parties intend to enhance collaboration in areas such as monitoring alerts, security protection, risk control strategy sharing, and ecological incentives, jointly building a high-standard operational maintenance system. Furthermore, under the premise of meeting technical compliance and industry standards, both parties plan to explore cross-chain compatibility and the implementation of cross-chain ecological applications and scenarios in the future. "Disclaimer: This announcement is solely for the purpose of providing technical and informational use regarding the cooperation between HSK Chain and Conflux, and does not constitute any investment advice, offer, solicitation, recommendation, endorsement, or any form of guarantee. References to the cooperation are limited to the disclosed scope and do not imply the existence of any joint venture, agency, or trust relationship unless otherwise agreed in writing."