The Good Tech Companies - Elastos Secures $20M Investment From Rollman Capital To Unlock Trillions In Bitcoin Finance

Episode Date: February 3, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/elastos-secures-$20m-investment-from-rollman-capital-to-unlock-trillions-in-bitcoin-finance. Rollman Management, recognized for its high-profile investments in blockchain projects like Ripple, Ethereum, Solana, and Planck, now ranks Elastos among its to Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #chainwire, #press-release, #blockchain-development, #crypto-funding, #bitcoin-ecosystem, #cryptocurrency-investment, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com. Elastos announces a $20 million strategic investment from Rollman Management. Elastos solves critical gaps in Bitcoin’s ecosystem. ELA token, Native Bitcoin DeFi protocol, and Web3 data economy. Rollman is recognized for its high-profile investments in blockchain projects.

This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Elastos secures $20 million investment from Rollman Capital to unlock trillions in Bitcoin finance, by Chainwire. Majuro, Marshall Islands, January 30, 2025, Chainwire, funding accelerates the development of Elastos' ELA token, native Bitcoin DeFi protocol, and Web3 data economy, positioning Elastos as the token, native Bitcoin DeFi protocol, and Web3 data economy, positioning Elastos as the utility layer for Bitcoin. Elastos, a decentralized web infrastructure pioneer, today announced a $20 million strategic investment from Rollman Management to scale its Bitcoin-aligned ecosystem. Rollman Management, recognized for its high-profile investments in

blockchain projects like Ripple, Ethereum, Solana, and Plank, now ranks Elastos among its top five holdings. The partnership will fuel the launch of Elastos' native Bitcoin DeFi protocol, Bell2, expand its MergeMindLA token as a Bitcoin reserve asset, and accelerate Elacity, a Web3 data marketplace that enables creators to monetize content without intermediaries on top. With Bitcoin's market cap surpassing $2 trillion, Elasto solves critical gaps in Bitcoin's ecosystem 1. ELA as Bitcoin's Merge Mind Reserve Asset. ELA tokens have been secured by Bitcoin's hashpower through merge mining since 2018, aligning with Satoshi Nakamoto's 2010 vision for decentralized networks. With a total of 28,220,000 by 2105 and around 50% of Bitcoin's hash rate,

ELOG gains security and decentralization, provides additional revenue for BTC miners at no extra cost, and creates a crypto-economically sound reserve asset for Elasto's Bitcoin-native DeFi system. 2. Bell2. Bitcoin's DeFi breakthrough. Launching in Q2 2024, Bell2 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, EG, WBTC, and centralized custodians. Bell 2 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.

3. Elacity. Web3's creator revolution. Already proven in early tests, where one creator earned $5,600 in 24 hours through tokenized podcast access, Elasticity 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. Greater than, leveraging Bitcoin's trillion-dollar consensus to empower Web3 users with greater-than-scalable utilities. That's where Elastos comes in, said Rong Chen, Elastos' founder. Merge mining ties ELA's security to Bitcoin's and Bell 2, Elastos' greater-than-decentralized finance protocol, unlocks BTC-backed DeFi without compromises, greater-than-whilst

Elastity creates a decentralized digital goods economy on top. Rollman's greater-than investment supports our role as Bitcoin's utility layer. The $20 million 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. Elastos as a pioneer in Bitcoin-secured governance beyond its technological advancements, Elastos stands out for its Cyber Republic Consensus, CRC, 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 mine DLA, earn APY, and annually elect, or run as, one of 12 council members who vote on proposals, drive innovation, sign contracts, and validate Elasto's smart, EVM, and identity, did, sidechains. This ensures governance decisions reflect the community's interests and demonstrates Elasto's commitment to a truly decentralized and transparent ecosystem rooted in Bitcoin. As Elasto's enters its next phase of growth, participants can join the ecosystem's CRC DAO by acquiring Merge Mind Ella, which has a market cap of $48,542,586 and is secured by nearly 50% of Bitcoin's hash rate, 366.01 A.S., equivalent to 244.008 frontier supercomputers. LLA offers 6 plus years of proven security, a fixed cap of 28.22 M tokens

to be fully mined by 2105, and 3.29% emissions via its Essentials wallet, ensuring scarcity and predictability for holders. Available on centralized exchanges, Coinbase, KuCoin, Gate, I.O., Huobi, BitGit, Crypto.com, and decentralized exchanges, Uniswap, Change Finance, Glide Finance, ELA empowers holders to shape Elasto's future through CRC governance, driving innovation, reinforcing Bitcoin-level security, and building the next generation of decentralized applications. Additional information, ELA Merge Mining. Bell 2. Elacity. Cyber Republic Consensus, CRC. Users can contact info at elastos.org for partnership inquiries or media requests. About Elastos Elastos is a smart web ecosystem builder focused on enabling decentralized

application creation and cross-chain connectivity. Built on top of Bitcoin merge mining, Elastos relies on the security of the world's largest public blockchain and extends it with additional layers. The introduction of Bell2 and its Arbiter network marks Elasto's latest effort to advance a more open, clear, and trustless global financial system. Website. Elastos. Infox. Twitter. At ElastosInfo about Rollman Management Digital Rollman Management Digital is a private investment and management consulting boutique that is incorporated in the British Virgin Islands. The firm seeks to invest in talented teams and their blockchain protocols to further develop their technology and business while adding significant value to the future of the modern

economy. RMD is led by Victor RCH, Rollman, the founder of Rollman Capital, Rollman Mining, and Rollman Management. The group offers a wide range of investment opportunities, financial services, and management consultancy to UHNWIs, entrepreneurs, developing governments, commodity trading firms, banks, family offices, and pension funds. Website. HTTPS colon slash slash rollmanmanagement.com. Contact Ahmed IJ Elastos Ahmed at Elastos. Inffo. Tip This story was distributed as a release by Chainwire under HackerNoon's business blogging program. Learn more about the program here. Thank you for listening to this HackerNoon story, read by Artificial Intelligence.

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