KR1 PLC (AQSE:KR1), the digital asset investor, has taken part in the Interlay crowd loan and Polkadot parachain auction.
KR1 contributed a total of 250,000.00 DOT to the Interlay crowd loan campaign, which successfully secured a parachain slot in the ongoing round of Polkadot parachain auctions.
"Interlay is currently building out its flagship product ‘interBTC’, a fully collateralized one-to-one Bitcoin-backed asset that enables interoperability between multiple blockchain ecosystems," said KR1.
Keld van Schreven, Managing Director and Co-Founder of KR1, said: “We are delighted to continue supporting Interlay, along with its sister project Kintsugi, to allow the most liquid crypto asset in the world, Bitcoin, to be bridged into the Polkadot and Kusama ecosystems.”