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Adding News Story; Codex raised $15.8M in seed funding

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Dragonfly co-founder Haseeb Qureshi said. "Built from the ground up as a stablecoin ecosystem designed for enterprise use, Codex brings the trust, connectivity, and regulatory clarity for real-world corporate adoption at scale."
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Dragonfly co-founder Haseeb Qureshi said. "Built from the ground up as a stablecoin ecosystem designed for enterprise use, Codex brings the trust, connectivity, and regulatory clarity for real-world corporate adoption at scale."
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Daniel Kuhn
Li believes that general-purpose blockchains will never be as efficient as single-purpose decentralized computing platforms.
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Li believes that general-purpose blockchains will never be as efficient as single-purpose decentralized computing platforms.
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Li rubbed shoulders with iconic crypto figures like Ethereum cofounder Vitalik Buterin, and helped launch Optimism’s cryptocurrency.
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Li rubbed shoulders with iconic crypto figures like Ethereum cofounder Vitalik Buterin, and helped launch Optimism’s cryptocurrency.
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Vitalik Buterin
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Codex’s seed round included participation from Coinbase Ventures, Circle Ventures, Cumberland, Wintermute, Selini Capital and the co-creators of USDC
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Codex’s seed round included participation from Coinbase Ventures, Circle Ventures, Cumberland, Wintermute, Selini Capital and the co-creators of USDC
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Other big names that participated included market makers Cumberland and Wintermute, as well as the co-creators of USDC, Coinbase, and Circle.Other investors include the venture arms of Coinbase and Circle, which filed to go public on Tuesday. Crypto market makers like Cumberland, Wintermute, and Selini Capital also contributed.
While blockchains are public databases, he’s working to give users the ability to make certain parts of their transactions confidential, he said.
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While blockchains are public databases, he’s working to give users the ability to make certain parts of their transactions confidential, he said.
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Fees to send stablecoins don’t rise or fall sharply depending on increased or decreased activity on the blockchain
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Fees to send stablecoins don’t rise or fall sharply depending on increased or decreased activity on the blockchain
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That’s why Li thinks his layer-two stablecoin chain, built on top of Optimism, will be competitive.
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That’s why Li thinks his layer-two stablecoin chain, built on top of Optimism, will be competitive.
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