• About Us
  • Careers
  • Contact
No Result
View All Result
Sunday, June 8, 2025
DeFi Planet
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverses
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverses
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
No Result
View All Result
DeFi Planet
No Result
View All Result

Corn Raises $8.3M in Community Funding Round on Legion for DeFi Mission

24 January 2025
in Business, News
Reading Time: 2 mins read
112 4
Home Business

Corn has raised $8.3 million in a community funding round on Legion, with participation from 675 new investors.

This marks a significant advancement in its mission to establish Bitcoin as the leading and most liquid asset in the decentralized finance (DeFi) space.

The fundraiser, referred to as “ICO 2.0,” focused on building a loyal and engaged community of early-stage investors, drawing in venture capitalists and industry veterans, all contributing under the same terms. The strategy aimed to scale the project while ensuring a robust foundation of committed backers.

Using Legion’s platform, they verified participants’ social and on-chain activity from notable projects such as Babylon Labs, Arbitrum, and KaitoAI. This rigorous vetting process allowed Corn to assess 4,287 investment applications from 102 countries. The total amount requested for allocations was an impressive $69 million, over seven times the amount raised.

In August 2024, Corn secured $6.7 million in seed funding, led by Polychain Capital, with contributions from prominent investors such as Binance Labs and Framework Ventures. The capital will help fuel the development and launch of its ecosystem. Built on Arbitrum’s Nitro Stack, a Layer 2 scaling solution, Corn offers enhanced scalability and performance. The platform also incorporates LayerZero for seamless interoperability across blockchains. Additionally, Corn strengthens its security by integrating Babylon’s restaking protocol, providing an extra layer of protection.

In another development, Komainu, a regulated digital asset custodian backed by Laser Digital, has raised $75 million in a Series B funding round led by Blockstream Capital Partners. The funds will accelerate Komainu’s global expansion and integrate Blockstream’s technologies, subject to regulatory approvals. Komainu will enhance its Bitcoin treasury, improve collateral management, and upgrade its Komainu Connect platform for faster settlements using Blockstream’s Liquid Network. Blockstream’s AMP technology and HSM wallet integration will support tokenization, automate asset management, and strengthen Komainu’s digital asset offerings for institutional clients.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”

Don't miss out!

Subscribe To Our Newsletter

Receive top education news, lesson ideas, teaching tips and more!
Invalid email address
Give it a try. You can unsubscribe at any time.
Thanks for subscribing!
Tags: CornDeFi
Share68Tweet42Share12
Previous Post

Best Cryptos for Exponential Returns: How Qubetics is Revolutionizing Blockchain, Avalanche Powers Decentralized Finance, and Filecoin Dominates Storage Solutions

Next Post

A Comprehensive Guide to the 6 Best Performing Crypto Coins for 2025 – Web3Bay, Arbitrum, Pendle & More

Jewel Buddy

Jewel Buddy

Buddy Jewel is a finance writer specializing in cryptocurrency news. With a keen eye on the latest developments in the digital asset space, I provides insightful and timely updates on the ever-evolving world of crypto.

Related Posts

source: themoscowtimes.com
Crime

Ukrainian Police Arrest Man for Large-Scale Cryptojacking Scheme

5 June 2025
source: sumsub.com
Crypto

Sumsub Unveils Travel Rule SDK to Ease Crypto Compliance, Slash Drop-Offs by 35%

5 June 2025
source: cryptorank.io
News

Global X launches Bitcoin Covered Call ETF (BCCC)

5 June 2025
source: m.economictimes.com
Crypto

Ethereum Mainnet Surges Back into DeFi Spotlight as Bots and Stablecoins Drive Record Activity

5 June 2025

Featured Posts

The Hidden Dangers of Holding Crypto in Exchanges

The Hidden Dangers of Holding Crypto in Exchanges

byOlajumoke Oyalekeand1 others
27 May 2025
0

Should We Put a Price on Everything? The Ethics of Tokenizing Human Actions

Should We Put a Price on Everything? The Ethics of Tokenizing Human Actions

byFaari Labinjo
27 May 2025
0

The Most Influential Figures in Crypto History and Their Impact

The Most Influential Figures in Crypto History and Their Impact

byBobby Okposin
14 May 2025
0

Are Layer 2 Solutions Enhancing Ethereum—or Killing it?

byOlayinka Sodiqand1 others
6 January 2025
0

Beginner’s Guide To Earning Passive Income In Crypto | DeFi Planet

Simple Ways To Earn Passive Income From Your Crypto

byArjun Chandand1 others
1 September 2021
0

Read More

Chain of Thoughts

Are Stablecoins Bank Deposits?

Are Stablecoins Bank Deposits?

byOlu Omoyele
31 May 2025
0

...

DAOs and the Coordination of Human Endeavour

DAOs and The Coordination of Human Endeavour

byOlu Omoyele
27 April 2025
0

...

Should DeFi Be Regulated?

Should DeFi Be Regulated?

byOlu Omoyele
27 March 2025
0

...

Is Tokenization All That It’s Cracked Up To Be?

Is Tokenization All That It’s Cracked Up To Be?

byOlu Omoyele
26 February 2025
0

...

Markets Update

Your Weekend Crypto Roundup | June 2025 (Week 1)

2 days ago

Your Weekend Crypto Roundup | May 2025 (Week 5)

1 week ago

Your Weekend Crypto Roundup | May 2025 (Week 4)

2 weeks ago

Your Weekend Crypto Roundup | May 2025 (Week 3)

3 weeks ago

Your Weekend Crypto Roundup | May 2025 (Week 2)

4 weeks ago

Your Weekend Crypto Roundup | May 2025 (Week 1)

1 month ago
Read More

Events

  • No events
  • Spotlight

    All about Ethereum
    All about Algorand
    All about Bitcoin
    All about Gora

    Press Releases

    AB Launches on Binance

    bychainwire
    7 June 2025
    0

    Nibiru Launches ”Block Party” Aura Program to Reward Real DeFi Activity

    bychainwire
    5 June 2025
    0

    BYDFi and Ledger Launch Global Campaign with Limited BYDFi x Ledger Nano X

    bychainwire
    5 June 2025
    0

    $ZEUS Marking His Territory: Announcing An IP Collaboration with Original Zeus Artist and Trademark Holder

    bychainwire
    4 June 2025
    0

    Huma Joins the Global Dollar Network to Advance Stablecoin Adoption on Solana

    bychainwire
    4 June 2025
    0

    Read More

    ADVERTISING

    ABOUT

    TEAM

    CAREERS

    CONTACT

    TERMS & CONDITIONS

    PRIVACY POLICY

    © Copyright 2025 DeFi Planet

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In

    Add New Playlist

    No Result
    View All Result
    • News
      • People
      • Business
      • Crime
      • Regulation
      • Crypto
      • CBDC
    • Markets
      • Bitcoin
      • Ethereum
      • Stablecoins
      • Altcoins
      • Crypto ETFs
      • Memecoins
    • Policy
    • Articles
      • Press Releases
      • Opinion
      • Explainers
      • Guest Post
      • Sponsored
    • Directory
      • Companies
      • People
      • Products
      • Wallets
    • Multimedia
      • Videos
      • Podcasts
    • Learn
      • DeFi Basics
      • Tutorials
      • Reviews
      • Blockchain Fundamentals
    • Research
      • Case Studies
    • Explore
      • DeFi
      • Crypto Gaming
      • NFT
      • DAO
      • Metaverses
    • Jobs
    • Markets Pro
      • DeFi Planet Pro
      • Spend Crypto
      • Swap Crypto
      • Coin Prices
      • Crypto Exchanges
      • Crypto Analyzer

    © Copyright 2024 DeFi Planet   |   Terms & Conditions   |   Privacy Policy

    -
    00:00
    00:00

    Queue

    Update Required Flash plugin
    -
    00:00
    00:00