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World Foundation has successfully closed a $52.5 million funding round, spearheaded by Pantera Capital, aimed at accelerating the global expansion of its World ID biometric identity infrastructure amidst growing demand for robust online human verification.
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New data from Dune Analytics reveals a clear specialization within the stablecoin market: Tether's USDT has cemented its position as the dominant force in payments and cross-border transfers, while Circle's USDC remains the preferred choice for decentralized finance (DeFi) applications and institutional engagement.
Institutional crypto exchange EDX Markets has successfully closed a $76 million funding round led by Japanese financial giant SBI Holdings, signaling robust and sustained confidence from traditional finance in digital asset infrastructure.