Spring has sprung! Hopefully the weather is getting more pleasant in your part of the world.

It’s a crazy economic environment right now but the climate will improve.

Regardless, we keep moving forward at Deep Ventures!

In this edition of the DV monthly newsletter, we talk about:

• Updates on Panther, Demether, and Load Network (who?)

• New Mik and Mike episodes

• Latest news

And more!

Let’s go!

Portfolio Company Highlights

Panther launches Limited Mainnet Beta

The Panther Protocol Foundation has launched its Limited Mainnet Beta on Polygon!

Panther Protocol is a privacy-focused decentralized finance (DeFi) platform that facilitates private, interoperable, and compliant financial transactions.

The Mainnet Beta is designed to operate under real-world conditions where features are tested and validated before being deployed into production.

Eurobit, a licensed Virtual Asset Service Provider, will manage the Mainnet Beta’s Zone, ensuring transactions comply with regulatory requirements. The beta test will operate with a single Zone.

This is a huge step toward private, compliant DeFi!

Read more about the Mainnet Beta here.

Demether goes live

Demether had a busy March!

Demether is a DeFi protocol which blockchain foundations can deploy to attract and retain capital at zero cost.

First, Demether launched their liquid restaking tokens across multiple chains!

1. demETH was launched on Ethereum and Arbitrum as source chains minting to Taiko and Superposition

2. demSOL was launched on Solana as the source chain minto to Taiko, Arbitrum, and Base. You can launch demSOL now on Demether’s app.

Next, they’ve forged a ton of partnerships all month, including those with LayerZero, API3, Usual Money, and many more.

Finally, they’ve wrapped up all of this progress and user engagement campaigns in their Harvest Spring Campaign, which ran through the entire month of March.

Great progress from the Demether team!

WeaveVM rebrands as Load Network, with new integrations

WeaveVM has rebranded as Load Network - the onchain data center.

Load Network is the first high performance EVM storage chain, allowing developers to store, verify, and compute with any data at any scale.

They’ve also been integrated as data availability for Dymension, secured indexed blobs for Blobscan, and built blob permanence for Eigenlayer’s data availability layer, EigenDA.

Read more here. Much more to come for Load Network!

New Content

Mik and Mike Crypto Cast

Check out the latest Mik and Mike Crypto Cast episodes below!

FYI we’ve added access to all the episodes to a playlist on the DV YouTube channel (please subscribe!).

March 8 - Strategic Bitcoin Reserve and Digital Asset Stockpile

March 17 - Senate advances GENIUS Bill, Sony partners with Line

March 21 - Live from the Digital Asset Summit! Solana’s ridiculous ad, FOMC, and more

March 25 - Coinbase to buy Deribit (?), STRF, and the institutions are here!

Let us know what you think of these episodes!

Industry News

Here are links to three of the biggest crypto stories of March.

We discuss them in the Mik and Mike Crypto Cast episodes above, so give those a listen to learn more!

• Trump announces Strategic Bitcoin Reserve and Digital Asset Stockpile

• Coinbase aims to acquire Deribit

• US Treasury removes Tornado Cash from OFAC sanctions list

Conclusion

We hope you enjoyed this edition of the DV monthly newsletter!

Hit me up at [email protected] or @mikewchan on Telegram with your thoughts about the newsletter, what’s happening in crypto, or anything else!

Talk soon!