News with the tag "Monad"

The Monad blockchain's native token, MON, is set to be listed on exchanges on September 29, marking a significant milestone for the high-performance, EVM-compatible Layer 1 project.

The Monad Foundation's acquisition of Portal is a strategic move aimed at enhancing the stablecoin ecosystem by combining Monad's high-performance blockchain with Portal's specialized stablecoin services.

Monad acquires Portal Labs to expand stablecoin payments on its high-speed blockchain, with Raj Parekh leading the stablecoin strategy.

Kuru Labs, a DeFi startup on the Monad blockchain, raised $11.6 million in a Series A round led by Paradigm to develop a hybrid liquidity hub combining a central-limit orderbook (CLOB) and automated market-making (AMM) capabilities.