Bitcoin DeFi project Elastos closes $20M investment round
At more than $100,000 per coin, Bitcoin is increasingly seen as a financial asset that can unlock new wealth opportunities for holders.
Web3 infrastructure provider Elastos has closed a $20-million investment round as part of a broader push to bring more decentralized finance (DeFi) services to the Bitcoin (BTC) market.
According to a Jan. 30 announcement, the investment came from Rollman Management Digital, a global investment network that backed several early blockchain projects, including Ripple and Ethereum.
The announcement claimed that Elastos is now one of Rollman’s top five holdings.
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Author: Sam Bourgi
