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Experts said newcomers in the bitcoin investing game could be enticed by Grayscale, the incumbent with a huge lead.

Aevo is also switching to Celestia in the near term and planning to add yield strategies and incentives going ahead.

The Bank for International Settlements Innovation Hub is starting a tokenization project and continuing its CBDC privacy of payments study.

Solana’s largest perpetual trading protocol, Drift, has launched a points program to reward its users ahead of its token launch.

The modular DeFi Layer 2 network will receive the grant of up to 2 million OP tokens ($5.3 million) to support user growth incentives.

Polymer Labs, building an Ethereum L2 to provide interoperability-as-a-service, has raised $23 million in Series A funding.

The funding round was co-led by Blockchain Capital, Maven 11 and Distributed Global and included contributions from Coinbase Ventures, Placeholder and Digital Currency Group.

Bagel plans to use the funding to grow its team and further develop its data platform.

The bitcoin ETF catalyst that pushed the ecosystem out of its crypto winter last year will disappoint investors in 2024, the report said.

Scott Fletcher, co-founder of Intersection Growth Partners, discusses the significant changes in the crypto job market post-2022.