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Blockchain interoperability protocol Connext unveils token, plans airdrop

Connext, a blockchain interoperability protocol that enables developers to build cross-chain applications, has unveiled a native token called NEXT as it plans to convert into a decentralized autonomous organization (DAO). Sharing the news exclusively with The Block on Wednesday, Connext said NEXT is a utility and governance token that will power the full decentralization of […]

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blockchain

Blockchain startup Router Protocol gets $4.1 million from Coinbase Ventures, others

Mumbai: Router Protocol, a blockchain infrastructure project that allows interoperability between two independent blockchains, has raised $4.1 million from Coinbase Ventures, Woodstock Fund, QCP Capital and Alameda Research. A clutch of angel investors, which included Polygon’s cofounder Sandeep Nailwal, DoorDash Inc.’s Gokul Rajaram, Aave’s Ajit Tripathi, also participated in the fundraising. Coinbase Ventures, the investing […]

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