Bitcoin 
Ethereum 
Tether 
XRP 
BNB 
USDC 
TRON 
Lido Staked Ether 
Dogecoin 
Figure Heloc 
Cardano 
Bitcoin Cash 
Wrapped stETH 
WhiteBIT Coin 
Wrapped Beacon ETH 
Wrapped Bitcoin 
USDS 
Wrapped eETH 
Chainlink 
Binance Bridged USDT (BNB Smart Chain) 
Monero 
LEO Token 
WETH 
Stellar 
Zcash 
Coinbase Wrapped BTC 
Sui 
Ethena USDe 
Litecoin 
Hyperliquid 
Avalanche 
Hedera 
Shiba Inu 
Canton 
sUSDS 
World Liberty Financial 
USDT0 
Toncoin 
Dai 
Cronos 
PayPal USD 
Ethena Staked USDe 
Uniswap 
Polkadot 
USD1 
Mantle 
Rain 
MemeCore 
Bittensor 
Pepe 
Aave 
Bitget Token 
Tether Gold 
OKB 
NEAR Protocol 
Falcon USD 
Jito Staked SOL 
Ethereum Classic 
Ethena 
Binance-Peg WETH 
Internet Computer 
Pi Network 
BlackRock USD Institutional Digital Liquidity Fund 
PAX Gold 
Aster 
POL (ex-MATIC) 
Wrapped SOL 
Worldcoin 
Jupiter Perpetuals Liquidity Provider Token 
HTX DAO 
Circle USYC 
Global Dollar 
Binance Staked SOL 
KuCoin 
syrupUSDC 
Provenance Blockchain 
Ripple USD 
Aptos 
BFUSD 
Wrapped BNB 
Pump.fun 
Sky 
Binance Bridged USDC (BNB Smart Chain) 
Rocket Pool ETH 
Ondo 
Kaspa 
Render 
Cosmos Hub 
Algorand 
Arbitrum 
Gate 
Midnight 
Kelp DAO Restaked ETH 
Filecoin 
Quant 
Official Trump 
VeChain 
Bridged Wrapped Lido Staked Ether (Scroll) 
Lombard Staked BTC 
Function FBTC 
Solv Protocol BTC 
NEXO 
Bonk 
MYX Finance 
Flare 
XDC Network 
Janus Henderson Anemoy AAA CLO Fund 
Liquid Staked ETH 
USDtb 
Mantle Staked Ether 
OUSG 
USDD 
Sei 
Pudgy Penguins 
WrappedM by M^0 
Superstate Short Duration U.S. Government Securities Fund (USTB) 
Lighter 
Polygon Bridged USDC (Polygon PoS) 
Arbitrum Bridged WBTC (Arbitrum One) 
Virtuals Protocol 
clBTC 
Jupiter 
Renzo Restaked ETH 
Ondo US Dollar Yield 
Story 
Morpho 
Beldex 
Stacks 
Jupiter Staked SOL 
Artificial Superintelligence Alliance 
USDai 
Wrapped Flare 
PancakeSwap 
L2 Standard Bridged WETH (Base) 
syrupUSDT 
StakeWise Staked ETH 
Tezos 
Polygon PoS Bridged DAI (Polygon POS) 
Optimism 
Curve DAO 
Kinetiq Staked HYPE 
Spiko EU T-Bills Money Market Fund 
c8ntinuum 
SPX6900 
Usual USD 
Lido DAO 
tBTC 
Arbitrum Bridged WETH (Arbitrum One) 
Injective 
FLOKI 
Aerodrome Finance 
Celestia 
GTETH 
First Digital USD 
GHO 
TrueUSD 
Ether.fi 
Dash 
Marinade Staked SOL 
Fasttoken 
JasmyCoin 
Chiliz 
The Graph 
IOTA 
Ether.Fi Liquid ETH 
Stader ETHx 
Maple Finance 
JUST 
Wrapped ApeCoin 
AB 
BitTorrent 
pippin 
Starknet 
Fartcoin 
sBTC 
DoubleZero 
Staked Aave 
Coinbase Wrapped Staked ETH 
USDB 
Ethereum Name Service 
Conflux 
Pyth Network 
Bitcoin SV 
Onyxcoin 
Kaia 
dogwifhat 
Sun Token 
Trust Wallet 
Gnosis 
AINFT 
Binance-Peg Dogecoin 
Wrapped STX (Velar) 
Cap USD 
crvUSD 
EURC 
Pendle 
Avalanche Bridged BTC (Avalanche) 
Olympus 
Telcoin 
Kinesis Gold 
Elastos, a project looking to turn Bitcoin into a more fruitful base for decentralized finance (DeFi), has raised $20 million towards that goal.
Elastos, a decentralized infrastructure provider, aims to scale its Bitcoin DeFi protocol BeL2 as a utility layer for the world’s original blockchain.
The firm has raised $20 million from private investment company Rollman Management, with which it plans to expand its merge-mined ELA token as a Bitcoin reserve asset, Elastos told CoinDesk in an email on Thursday.
Merge mining is the process of mining two or more cryptocurrencies simultaneously.
BeL2 is built to allow bitcoin holders to collateralize BTC in their wallets and access Ethereum smart contract services, such as minting stablecoins and peer-to-peer borrowing.
Elastos is one of a large number of projects looking to capitalize on the roughly $2 trillion stored in bitcoin by building DeFi services that BTC’s deep wells can fund.
DeFi requires liquidity and security, both of which Bitcoin can provide with a stronger track record than any other blockchain. However, historically, the network has lacked the utility for DeFi projects to be able to harness it, which is what Elastos and others are aiming to address.
