Elastos Secures $20M Investment from Rollman Capital to Unlock Trillions in Bitcoin Finance

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Elastos Secures $20M Investment from Rollman Capital to Unlock Trillions in Bitcoin Finance

//business-finance.news-articles.net/content/202 .. ital-to-unlock-trillions-in-bitcoin-finance.html

Published in Business and Finance on Thursday, January 30th 2025 at 11:20 GMT by decrypt
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

The $20M investment from Rollman will drive the advancement of Elastos technologies and also help Elastos reorient its branding, mature its technological stance, and go to market. This includes enhancing marketing efforts, which will further position Elastos as a leader in the growing Bitcoin-native DeFi space.

- Click to Lock Slider

Elastos, a blockchain platform focused on integrating Bitcoin with real-world assets, has secured a $20 million investment from Rollman Capital. This funding aims to enhance Elastos' capabilities in unlocking trillions in Bitcoin finance by developing infrastructure for decentralized applications (dApps) and integrating Bitcoin's security with smart contract functionalities. The investment will support the expansion of Elastos' ecosystem, which includes tools for decentralized identity, data storage, and a scalable blockchain framework. This move is part of a broader strategy to leverage Bitcoin's established network to foster a new financial system where Bitcoin can be used for more than just transactions, potentially transforming it into a foundational layer for decentralized finance (DeFi) and other blockchain-based applications.

Read the Full decrypt Article at:
[ https://decrypt.co/303577/elastos-secures-20m-investment-from-rollman-capital-to-unlock-trillions-in-bitcoin-finance ]