Stablecoin payment company Rain has completed a new funding round of $250 million, bringing its post-money valuation to $1.95 billion.

The post Water150 Unveils Historical Satra Brunn Well: The Original Source of 150 Years of Premium Quality Spring Water Hydration appeared on BitcoinEthereumNews.com. Water150, the project developed by the Longhouse Foundation to reserve access to premium spring water through a transparent, blockchain-based ecosystem of natural water springs, is excited to introduce its first natural water well, Satra Brunn.  The Sätra Brunn well is one of Sweden’s oldest and best-preserved natural spring water wells, located in a 324-year-old Swedish village. Every water source added to the network will be measured according to the pedigree and based on the foundations of the historically reliable Satra Brunn natural spring, a well that has endured since the 18th century.   The Satra Brunn well secures the first 66 million liters of the annually replenished mineral water supply, starting in January 2027, for the next 150 years. Each liter of water secured in the Satra Brunn well is fully backed by a corresponding Water150 token, issued on the Ethereum blockchain by the Longhouse Water S.A., a Luxembourg public limited liability company.  Hence, the first batch of 66 million Water150 tokens to enter circulation will fully back the annual supply from the Satra Brunn well.  The project uses blockchain technology as a barrierless and transparent ecosystem to connect users to naturally filtered, high-quality, and sustainably managed drinking water per year for at least 150 years, starting in 2027. The amount of Water150 tokens in circulation is a verifiable measure of the volume of annual water flow available within the ecosystem, audited by independent third parties. The W150 token is one of the first real-world asset (RWA) utility tokens to get the full approval of the European Securities and Markets Authority (ESMA), the body responsible for the Markets in Crypto-Assets Regulation (MiCAR), a cryptocurrency regulatory standard recognized and adopted throughout Europe. Water150 is building a global network of 1,000 premium mineral water sources like Satra Brunn, managed according to the high…

Prosus and Amazon have signed a multi-year deal with AWS to consolidate cloud and AI contracts and save costs.

The long-stalled CLARITY Act, designed to regulate the U.S. cryptocurrency market, is back in the spotlight as Senate Democrats quietly resume discussions.Continue