The fund was raised from private investment company Rollman Management, with which it plans to expand its merge-mined ELA token as a Bitcoin reserve asset. Funding accelerates the development of ELA token, Native BTC DeFi protocol, Web3 creator economy – positioning Elastos as the utility layer for Bitcoin.

👉 coindesk.com/business/2025/01/30/elastos-raises-usd20m-to-build-native-bitcoin-defi-protocol