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Polygon-backed, high-yield blockchain launches for institutional adoption

cryptoweekly by cryptoweekly
May 28, 2025
in bitcoin, News
0

Katana launched its private mainnet with support from GSR and Polygon Labs, aiming to solve liquidity fragmentation in DeFi.

The Katana Foundation, a nonprofit focused on decentralized finance (DeFi) development, is launching its private mainnet, aiming to unlock greater crypto asset productivity via deeper liquidity and higher yields for users.

The Katana Foundation launched a DeFi-optimized, private blockchain, Katana, on May 28, incubated by GSR Markets and Polygon Labs, with the public mainnet launch set for June.

The new blockchain will enable users to earn higher yields and explore DeFi in a “unique, optimized yield environment” that unlocks latent value through an ecosystem that makes every digital asset “work harder,” according to an announcement shared with Cointelegraph.

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Recent Posts
  • Asia’s OSL Group raises $300M for stablecoin and global expansion
  • XRP issuer Ripple sees its RLUSD stablecoin grow among retail users
  • Arizona woman sentenced for helping North Korea coders get US crypto jobs
  • How Pump.fun raised $500M in 12 minutes, and what it says about retail FOMO
  • NFT market cap surged to $6.6B in July: DappRadar
  • Bitcoin 'strength' index crashes as Galaxy Digital sales liquidate $500M
  • Satoshi-era $9.6B Bitcoin OG: Galaxy moves another $1.1B to exchanges

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