Web3 Infrastructure Secures Funding as Bitcoin Price Predictions Soar
Web3 Infrastructure Secures Funding as Bitcoin Price Predictions Soar
The crypto ecosystem continues its dynamic evolution with Sprinter, a crosschain 'solving-as-a-service' startup founded by Ethereum OGs, successfully raising $5.2 million in a seed round led by Robot Ventures. This investment underscores ongoing innovation in Web3 infrastructure, particularly in providing collateral-free credit. Concurrently, the institutional outlook for Bitcoin remains robust, with JPMorgan reportedly projecting a significant price target of $170,000, further buoyed by Google's planned integration of prediction market data into its search results.
Funding for Crosschain 'Solving-as-a-Service'
Robot Ventures has spearheaded a $5.2 million seed funding round for Sprinter, an emerging infrastructure startup. Sprinter focuses on providing 'solving-as-a-service' for crosschain applications, with a notable offering of collateral-free credit. The venture is particularly significant as it was founded by experienced Ethereum OGs, pointing to deep expertise within the decentralized finance and Web3 space.
Bitcoin Price Targets and Data Integration Developments
In broader market news, leading financial institution JPMorgan has reportedly issued a highly optimistic forecast for Bitcoin, setting a potential price target of $170,000. This bullish sentiment for the flagship cryptocurrency comes alongside technological advancements, including Google's stated intention to integrate data from prediction markets such as Polymarket and Kalshi directly into its search results, suggesting increasing mainstream recognition and accessibility of crypto-related information.