Anvil completes $5 million governance token purchase, led by Founders Fund

Anvil, a cryptocurrency collateral agreement, has completed a $5 million governance token purchase led by Founders Fund, with participation from Pantera Capital, Theta Blockchain Ventures, Bullish, and Protoscale Capital. Anvil has launched a software development toolkit to help businesses and financial institutions access digital asset collateral technology without the need to write blockchain code. This agreement uses collateral to guarantee financial commitments, without the need for collateral providers to borrow or pay interest.