ChainCatcher news, the MEV execution platform Mevvy announced the completion of a $2.8 million seed round financing, led by Multicoin Capital, with participation from Chapter One Ventures, Hypersphere, and several strategic angel investors. Among the investors are Ondo founder Nathan Allman, Pendle founder TN Lee, Ethena founder Guy Young, Axelar founder Georgios Vlachos, as well as Jeffrey Feng and Jay Jog from Sei Network.Mevvy is dedicated to simplifying the technical complexities in blockchain transaction ordering and execution, making MEV (Maximum Extractable Value) more accessible for traders. Mevvy plans to use this round of financing for product development, chain expansion, and strategic partnerships with DeFi protocols.

Chain Catcher news, the bond market protocol Bond Protocol has completed a $2.5 million seed round financing, led by Chapter One Ventures and IDEO CoLab Ventures, with participation from Alchemy Ventures, Hypersphere, and others. Previously, on October 4, Bond Protocol also released its Beta version.It is reported that in July this year, the proposal to split the bond market Olympus Pro and rename it to Bond Protocol was approved by the governance vote of the algorithmic stablecoin protocol OlympusDAO. Olympus will use Bond Protocol for bond protocol operations, and Bond Protocol will feature a permissionless market, composable bonds (tokenized), and a modular auction interface, among other functionalities. (source link)