ChainCatcher news, the token management tool Collab.Land announced that it has received funding from the Arbitrum Foundation. Its developed Telegram cryptocurrency trading bot can be used to support Arbitrum token asset trading.

ChainCatcher news, the decentralized auction platform Bounce Finance has announced the launch of Token Toolbox, aimed at simplifying token management for projects and individuals.The tool offers features including token minting and distribution, token locking, as well as locking for V2 and V3 LP tokens.

ChainCatcher news, the token management platform Magna has completed a $15 million seed round financing at a valuation of $70 million, led by Tiger Global and Tusk Venture Partners, with participation from institutional investors such as Shima Capital, Circle Ventures, Solana Ventures, Polygon Ventures, Avalanche Labs, and Galaxy Labs, as well as individual investors including Coinbase executive Balaji Srinivasan, Messari's Ryan Selkis, and DJ Steve Aoki.It is reported that Magna is building token distribution software to make it easier for protocols, DAOs, and crypto funds to send and receive tokens, as the current process lacks automation and is prone to errors. (Coindesk)