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The Coin Rise
2022-02-23 06:43:17

Luna Foundation Guard backed Terra secures $1B to form Bitcoin- denominated UST reserve

Luna Foundation Guard backed Terra secures $1B to form Bitcoin- denominated UST reserve

Luna Foundation Guard, a nonprofit focusing on the open-source stablecoin network powering Terra USD, has raised $1 billion through the sale of LUNA tokens. Jump Crypto and Three Arrows Capital led the $1 billion round, Terra announced in a tweet on Tuesday, with support from DeFiance Capital, Republic Capital, GSR, Tribe Capital, among others. 1/ The long […]The post Luna Foundation Guard backed Terra secures $1B to form Bitcoin- denominated UST reserve  appeared first on Blockchain, Crypto and Stock News.

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