On-chain private credit lending platform Valinor completed a $25.0 million seed round, led by Castle Island Ventures. The platform improves the efficiency of the credit process through smart contracts and focuses on lending to crypto companies, marking a new phase of real-world operations. Private credit is moving toward the blockchain, but Valinor still needs to address challenges such as smart-contract verification and trust in traditional capital.

Blockchain private credit startup Valinor completed a $25 million seed round on March 30, primarily led by Castle Island Ventures. The company will put the private credit process on-chain, using smart contracts to improve efficiency. In the initial phase, it will focus on lending to crypto businesses. After the funding, it will expand its loan volume and team.

XFX is a startup specializing in forex trading that supports stablecoin transactions. Recently, it completed a $17 million Series A funding round led by Castle Island Ventures, aiming to improve the efficiency of fiat currency and stablecoin exchanges. Currently, XFX allows customers to exchange among various stablecoins, US dollars, Mexican pesos, and Colombian pesos.

Foreign exchange trading startup XFX announced on March 26 that it has completed $17 million in funding, led by Castle Island Ventures with participation from Haun Ventures and others. XFX supports the exchange of stablecoins and three fiat currencies.

Gate News: On March 18, YouTube comedy short film "Crypto Castle" officially launched. The short film is set in an era when Bitcoin's price was only $250, featuring actress Viv Ford playing the lead role of Viv, telling the story of her living together with four early Bitcoin users in an apartment. Through its storyline, the short film showcases the development and evolution of cryptocurrency as a subculture.

Nic Carter of Castle Island Ventures, in responding to the BIP-360 authorship controversy, emphasized that the Bitcoin community should focus on the technical quality of proposals rather than the author's background. He pointed out that anonymous developers are not uncommon in Bitcoin's history, and the BIP-360 proposal aims to enhance Bitcoin's quantum resistance.

Castle Island Ventures Partner Nic Carter stated that the Bitcoin community should focus on the technical quality of the BIP-360 proposal rather than the author's identity. By eliminating the quantum vulnerability in Taproot addresses, it paves the way for Bitcoin's quantum resistance. As ECC risks become increasingly apparent, enhancing quantum resistance has become an important topic.

Research firm Castle Labs指出，approximately $69 trillion of the U.S. stock market is becoming an important testing ground for digital asset development, with tokenized stocks moving from experimental phase to market application. Blockchain technology is enhancing trading methods and participation models, and traditional financial giants are beginning to pay attention to this trend, believing that a unified blockchain network will improve financial efficiency. Several projects such as Ondo, xStocks, and Hyperliquid are playing key roles in promoting stock tokenization, demonstrating the future growth potential of this market.

Odaily Planet Daily reports that stablecoin infrastructure Cyclops has announced the completion of an $8 million funding round, with Castle Island Ventures, F-Prime, and Shift4 Payments participating. The specific valuation data has not been disclosed yet. (Fortune)

Digital asset infrastructure company Birch Hill Holdings completes $2.5 million pre-seed funding, led by ParaFi Capital and Castle Island Ventures. The new funds will be used to develop institutional lending strategies focused on risk management, with an emphasis on on-chain lending and tokenized asset markets.