News linked to both this project and an event.
According to Business Wire, financial infrastructure command platform Cordant announced the completion of an $8 million seed funding round, jointly led by Motive Partners and Oak HC/FT, with participation from institutions such as Bitso, Paxos, Bankless VC, FJ Labs, and SignalFire. Cordant was founded by a former executive team from Rapyd and is positioned as a real-time operations command center for payment companies, fintechs, and banks, capable of integrating data from payment rails, bank accounts, ledgers, compliance, and risk systems to provide teams with a unified operational view without the need to migrate data or replace existing core systems. The funding will be used for product development and private beta customer deployments.
Bankless founder David Hoffman posted on X, expressing regret for not buying more Lighter (LIT).Hoffman explained that the logic behind investing in Lighter is simple:1. Exchanges have always been the best business model in the crypto industry;2. Perpetual contracts are still a brand-new track, far from reaching maturity;3. Building an exchange based on zkL2 is currently the structurally optimal solution, offering high security, low operating costs, and high profit margins;4. The product itself is also the strongest on the market, with the lowest latency, the lowest execution costs, and full transparency;5. The engineering team is highly capable, having solved all the technical challenges;6. The company is headquartered in the United States, operates in compliance, and this market remains a largely untapped blue ocean;7. It also serves as an option betting on the "Tokenization of compliant assets";8. Founder Vlad is in the right circles, knows the right people, and has the ambition to do great things.
Hayden, the founder of Uniswap, posted on platform X, stating that he just noticed CFTC Chair Michael Selig explicitly mentioned UNI as a commodity on Bankless a few days ago. This marks a significant improvement compared to previous regulators who sued everyone without providing any guidance.