TechFlow reports that LK Venture, a subsidiary of Hong Kong-listed company LAN Gaming, has announced on X its participation in the seed round funding for bitSmiley, a Bitcoin DeFi infrastructure project, through BTC NEXT — an investment fund dedicated to the Bitcoin ecosystem.
According to sources, bitSmiley is a Bitcoin blockchain protocol built on the Fintegra framework, consisting of three core components: a decentralized over-collateralized stablecoin protocol, a trustless native lending protocol, and a derivatives protocol.
Previous report, LAN Gaming Group launched BTC NEXT, a $15 million investment fund focused on the Bitcoin network ecosystem.
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