Blockchain

Protocol Village: Cytonic, Layer-1 Chain With ‘MultiVM’ Design, Raises $8.3M in Seed Round

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Nov. 7-13.

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JPMorgan Renames Blockchain Platform to Kynexis, to Add On-Chain FX Settlement for USD, EUR

The banking giant was one of the early leaders in applying blockchain tech to traditional financial activities, executing over $1.5 trillion of transactions since its inception.

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Franklin Templeton Takes Its Tokenized Treasury Fund to Base, Becomes First Asset Manager on the Layer 2

The $410 million fund is also available on Stellar, Aptos, Avalanche, Arbitrum and Polygon.

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The Protocol: Crypto Fundraising, Job Losses, Juicy Payouts, Grants for Devs

In this week’s issue of The Protocol, our newsletter on blockchain tech, we’re covering the Optimism’s $42.5M token pledge to Kraken, crypto VC funding, grants for Bitcoin open-source developers, and Polymarket’s (negligible) impact on Polygon’s bottom line.

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