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The stablecoin protocol RESERVE announces the establishment of two new companies, opening applications for a $10 million GRANT program.

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TechFlow
338Words
Jan 26, 2024

Techflow, the latest news from Deep Tide, announces the establishment of two new companies, ABC Labs and Confusion Capital, by the decentralized stablecoin protocol Reserve. These companies will join the Reserve ecosystem alongside MobileCoin and Best Friend Finance. ABC Labs will focus on protocol development and promotion, led by CEO Thomas Mattimore. Confusion Capital will manage funds and special projects within the ecosystem, led by Nevin Freeman. Confusion Capital is now accepting applications for its $10 million grant program, open to individuals, non-corporate teams, DAOs, and companies, aiming to further establish the decentralized Reserve ecosystem. The first round of applications closes on February 9th.

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