Bitcoin 
Ethereum 
Tether 
XRP 
BNB 
USDC 
Lido Staked Ether 
TRON 
Dogecoin 
Cardano 
Figure Heloc 
Wrapped stETH 
Monero 
Bitcoin Cash 
Wrapped Beacon ETH 
WhiteBIT Coin 
Wrapped Bitcoin 
Wrapped eETH 
Chainlink 
USDS 
Binance Bridged USDT (BNB Smart Chain) 
WETH 
LEO Token 
Stellar 
Coinbase Wrapped BTC 
Sui 
Zcash 
Ethena USDe 
Avalanche 
Hyperliquid 
Litecoin 
Hedera 
Canton 
Shiba Inu 
World Liberty Financial 
USDT0 
Dai 
sUSDS 
Toncoin 
Cronos 
Polkadot 
Ethena Staked USDe 
Uniswap 
PayPal USD 
USD1 
Mantle 
Rain 
Bittensor 
Pepe 
MemeCore 
Aave 
Bitget Token 
OKB 
Tether Gold 
NEAR Protocol 
Falcon USD 
Jito Staked SOL 
Ethereum Classic 
Binance-Peg WETH 
Internet Computer 
Ethena 
PAX Gold 
Pi Network 
Aster 
BlackRock USD Institutional Digital Liquidity Fund 
POL (ex-MATIC) 
Worldcoin 
Wrapped SOL 
Pump.fun 
Jupiter Perpetuals Liquidity Provider Token 
Binance Staked SOL 
HTX DAO 
Circle USYC 
KuCoin 
Global Dollar 
Aptos 
syrupUSDC 
Ripple USD 
Rocket Pool ETH 
Wrapped BNB 
Sky 
Story 
BFUSD 
Ondo 
Cosmos Hub 
Binance Bridged USDC (BNB Smart Chain) 
Kaspa 
Arbitrum 
Provenance Blockchain 
Algorand 
Gate 
Render 
Kelp DAO Restaked ETH 
Midnight 
Filecoin 
Official Trump 
MYX Finance 
Quant 
VeChain 
Function FBTC 
Lombard Staked BTC 
Bonk 
Solv Protocol BTC 
Flare 
NEXO 
USDD 
Liquid Staked ETH 
Mantle Staked Ether 
XDC Network 
USDtb 
OUSG 
Janus Henderson Anemoy AAA CLO Fund 
Pudgy Penguins 
Superstate Short Duration U.S. Government Securities Fund (USTB) 
Sei 
WrappedM by M^0 
Arbitrum Bridged WBTC (Arbitrum One) 
Polygon Bridged USDC (Polygon PoS) 
Morpho 
Dash 
Renzo Restaked ETH 
clBTC 
Jupiter Staked SOL 
Jupiter 
Stacks 
PancakeSwap 
Optimism 
Virtuals Protocol 
Beldex 
StakeWise Staked ETH 
Ondo US Dollar Yield 
Wrapped Flare 
syrupUSDT 
Artificial Superintelligence Alliance 
USDai 
L2 Standard Bridged WETH (Base) 
Polygon PoS Bridged DAI (Polygon POS) 
Curve DAO 
Tezos 
Kinetiq Staked HYPE 
Spiko EU T-Bills Money Market Fund 
c8ntinuum 
SPX6900 
Chiliz 
tBTC 
Lido DAO 
Injective 
Aerodrome Finance 
Usual USD 
Arbitrum Bridged WETH (Arbitrum One) 
Lighter 
GTETH 
Celestia 
FLOKI 
Ether.fi 
Marinade Staked SOL 
GHO 
First Digital USD 
TrueUSD 
Ether.Fi Liquid ETH 
Stader ETHx 
River 
Fasttoken 
Coinbase Wrapped Staked ETH 
The Graph 
Wrapped ApeCoin 
Maple Finance 
Starknet 
IOTA 
Steakhouse USDC Morpho Vault 
BitTorrent 
Staked Aave 
DoubleZero 
sBTC 
JasmyCoin 
AB 
Fartcoin 
Ethereum Name Service 
dogwifhat 
Conflux 
USDB 
Pyth Network 
Janus Henderson Anemoy Treasury Fund 
Sun Token 
Bitcoin SV 
JUST 
Gnosis 
Wrapped STX (Velar) 
Telcoin 
Pendle 
Binance-Peg Dogecoin 
Onyxcoin 
Trust Wallet 
Kaia 
crvUSD 
Avalanche Bridged BTC (Avalanche) 
Cap USD 
BENQI Liquid Staked AVAX 
AINFT 
EURC 
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.
