avatar

Stablecoin Protocol Bluejay Finance Looks to Raise $5M to Mint SG Stablecoins

Bluejay Finance, a stablecoin issuer, is raising $5 million from the sale of its governance token $BLU. The funds will be used to mint Bluejay's first stablecoin, bluSGD, pegged to the Singapore dollar. In addition, the funds will be used for market making bluSGD on decentralized exchange Uniswap.

Source

Stablecoins

Fund Raising

In This Article

Related News
Daily Market Wrap | Aug. 08 Daily Market Wrap | Aug. 08
Wall Street back-office giant DTCC mulls stablecoin integration: report Wall Street back-office giant DTCC mulls stablecoin integration: report
Solana-based memecoin generator Pump.fun raising $1 billion via token sale: report Solana-based memecoin generator Pump.fun raising $1 billion via token sale: report
Cobie's ICO platform Sonar goes live with Plasma seeking $50 million at $500 million token valuation Cobie's ICO platform Sonar goes live with Plasma seeking $50 million at $500 million token valuation
Crypto industry cheers progress in 'historic' stablecoin legislation as Senate advances GENIUS Act Crypto industry cheers progress in 'historic' stablecoin legislation as Senate advances GENIUS Act
Latest News More More
2 Days Ago Daily Market Wrap | Aug. 15
3 Days Ago Daily Market Wrap | Aug. 14
4 Days Ago Daily Market Wrap | Aug. 13
5 Days Ago Daily Market Wrap | Aug. 12
6 Days Ago Daily Market Wrap | Aug. 11

About TokenInsight

Services

Products

Support

Google Play
Google Play
Google Play
2018 – 2023 © TokenInsight Ltd. All rights reserved
Disclaimer Terms of Service Privacy Policy
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open