{"id":10523,"date":"2025-01-30T15:32:41","date_gmt":"2025-01-30T15:32:41","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=10523"},"modified":"2025-01-30T15:32:41","modified_gmt":"2025-01-30T15:32:41","slug":"elastos-secures-20m-investment-from-rollman-capital-to-unlock-trillions-in-bitcoin-finance","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=10523","title":{"rendered":"Elastos Secures $20M Investment from Rollman Capital to Unlock Trillions in Bitcoin Finance"},"content":{"rendered":"
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[PRESS RELEASE \u2013 Majuro, Marshall Islands, January 30th, 2025]<\/strong><\/p>\n

Funding accelerates the development of Elastos\u2019 ELA token, Native Bitcoin DeFi protocol, and Web3 data economy \u2013 positioning Elastos as the utility layer for Bitcoin.<\/p>\n

Elastos<\/a>, a decentralized web infrastructure pioneer, today announced a $20 million strategic investment from Rollman Management<\/a> to scale its Bitcoin-aligned ecosystem. Rollman Management, recognized for its high-profile investments in blockchain projects like Ripple, Ethereum, Solana, and Planck, now ranks Elastos among its top five holdings. The partnership will fuel the launch of Elastos\u2019 Native Bitcoin DeFi protocol, BeL2, expand its merge-mined ELA token as a Bitcoin reserve asset, and accelerate Elacity\u2014a Web3 data marketplace that enables creators to monetize content without intermediaries on top.<\/p>\n

With Bitcoin\u2019s market cap surpassing $2 trillion, Elastos solves critical gaps in Bitcoin\u2019s ecosystem:<\/p>\n

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  1. ELA as Bitcoin\u2019s Merge-Mined Reserve Asset:<\/strong> ELA tokens have been secured by Bitcoin\u2019s hash power through merge-mining since 2018, aligning with Satoshi Nakamoto\u2019s 2010 vision<\/a> for decentralized networks. With a total of 28,220,000 by 2105 and around 50% of Bitcoin\u2019s hashrate<\/a>, ELA gains security and decentralization, provides additional revenue for BTC miners at no extra cost, and creates a crypto economically sound reserve asset for Elastos\u2019 Bitcoin-native DeFi system.<\/li>\n
  2. BeL2: Bitcoin\u2019s DeFi Breakthrough:<\/strong> Launching in Q2 2024, BeL2 allows Bitcoin holders to collateralize BTC in personal wallets and access Ethereum smart contract services. These include minting stablecoins, performing swaps, and borrowing assets peer-to-peer, unlocking its value all whilst eliminating reliance on synthetic BTC (e.g., WBTC) and centralized custodians. BeL2 combines locking scripts, zero-knowledge proofs, oracles, and an arbiter network where ELA stakeholders can stake ELA and earn BTC fees as decentralized nodes to support the protocol.<\/li>\n
  3. Elacity: Web3\u2019s Creator Revolution:<\/strong> Already proven in early tests, where one creator earned $5,600 in 24 hours through tokenized podcast access, Elacity v2 will launch in April with channels and subscription models. It enables influencers to encrypt, tokenize, and sell content\/royalties on Elastos for audio and video markets, with plans to extend its technology to support the tokenization of AI markets.<\/li>\n<\/ol>\n
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    \u201cLeveraging Bitcoin\u2019s trillion-dollar consensus to empower Web3 users with scalable utilities\u2014that\u2019s where Elastos comes in,\u201d said Rong Chen, Elastos Founder<\/strong>. \u201cMerge-mining ties ELA\u2019s security to Bitcoin\u2019s, and BeL2, Elastos\u2019 decentralized finance protocol, unlocks BTC-backed DeFi without compromises, whilst Elacity creates a decentralized digital goods economy on top. Rollman\u2019s investment supports our role as Bitcoin\u2019s utility layer\u201d.<\/p>\n<\/blockquote>\n

    The $20M investment from Rollman will drive the advancement of Elastos technologies and also help Elastos reorient its branding, mature its technological stance, and go to market. This includes enhancing marketing efforts, which will further position Elastos as a leader in the growing Bitcoin-native DeFi space.<\/p>\n

    Elastos as a Pioneer in Bitcoin-secured Governance<\/strong><\/p>\n

    Beyond its technological advancements, Elastos stands out for its Cyber Republic Consensus (CRC)<\/a> governance model, formalized as a DAO LLC in the Marshall Islands, which signed this agreement with Rollman. This delegate-based system allows community members to stake Bitcoin merge-mined ELA, earn APY, and annually elect\u2014or run as\u2014one of 12 council members who vote on proposals, drive innovation, sign contracts, and validate Elastos\u2019 Smart<\/a> (EVM) and Identity<\/a> (DID) sidechains. This ensures governance decisions reflect the community\u2019s interests and demonstrates Elastos\u2019 commitment to a truly decentralized and transparent ecosystem rooted in Bitcoin.<\/p>\n

    As Elastos enters its next phase of growth, participants can join the ecosystems CRC DAO by acquiring merge-mined ELA, which has a market cap of $48,542,586 and is secured by nearly 50% of Bitcoin\u2019s hashrate (366.01 EH\/s, equivalent to 244.008 Frontier Supercomputers<\/a>). ELA offers 6+ years of proven security, a fixed cap of 28.22M tokens to be fully mined by 2105, and 3.29% emissions via its Essentials Wallet<\/a>, ensuring scarcity and predictability for holders. Available on Centralized Exchanges (Coinbase, KuCoin, Gate.io, Huobi, Bitget, Crypto.com) and Decentralized Exchanges (Uniswap, Chainge Finance, Glide Finance), ELA empowers holders to shape Elastos\u2019 future through CRC governance\u2014driving innovation, reinforcing Bitcoin-level security, and building the next generation of decentralized applications.<\/p>\n

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    Additional Information<\/strong><\/p>\n