In February 2022, Luna Foundation Guard Raised $1B for Bitcoin Reserve

> The startup is backed by Pantera Capital, Coinbase Ventures, Galaxy Digital, Binance Labs, Dunamu, Huobi Capital and OKEx. Last year, it raised capital through a $25m token sale in January 2021, before raising another $150 million for a DeFi Ecosystem Fund in July.

> In the US, Terraform is currently locked in a legal battle with the Securities and Exchange Commission (SEC). The regulator is investigating whether Terra’s Mirror Protocol — a platform for trading ‘mirrored assets’ linked to the price of stocks — broke United States’ securities laws.

SideNote: this was published February 22nd, 2022