Jan 31, 2022
Bybit Funded $134 Million To BitDAO And Achieved Incorporation Of ETH Layer-2 Arbitrum
Bybit Funded $134 Million To BitDAO And Achieved Incorporation Of ETH Layer-2 Arbitrum. Bybit invested its funds and believes in BitDAO.
On Thursday the news updates about crypto derivate exchange Bybit was on two things, the company tweeted that the firm funded $134 million to the BitDAO treasury. However, the Bybit funded in the form of digital assets, like Ethereum(ETH), Tether (USDT), and USD Coin (USDC). Also, the achieved incorporation of Ethereum Layer-2 solution Arbitrum.
Presently, the DAO has the biggest decentralized treasuries. As, recently it has sponsored a $200 Million zkDAO to develop more on zkSync, and scale Etherum.
Additionally, Bybit’s investment is evidence of its belief in BitDAO to lead, and back
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