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MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...

Risk monitoring firm Solidus Labs completes $15M strategic round

In total, the market surveillance company has raised $35M in the last six months.

Market surveillance firm Solidus Labs completed a $15 million strategic round led by Liberty City Ventures on Friday. GSR and Exor Seeds also participated in the financing. This follows the company's $20 million Series A that concluded in May. Solidus' investors also include former CFTC Chair Christopher Giancarlo and former SEC commissioner Troy Paredes. 

The company hired former CFPB Director Kathy Kraninger as it’s VP of Regulatory affairs in July. Solidus CEO Asaf Meir said:

"This strategic round will allow us to serve more clients sooner and address many new use-cases in the DeFi and NFT risk frontiers, which require Solidus’ unique combination of crypto know-how and expertise in traditional trading dynamics and manipulation typologies."

According to Liberty City Ventures Partner Emil Woods, “Solidus was prescient in developing the necessary tools for market surveillance and risk monitoring that traditional financial firms and regulators require as they increase their participation in crypto asset markets.”

Solidus announced its initial $3 million raise in 2019. Giancarlo warned in June that he believes the U.S. risks becoming a backwater country without a central bank digital currency.

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