According to Forbes, Five Bells, founded by former NYDIG and Two Sigma team members, has completed its seed round financing, led by Ego Death Capital, with participation from Epoch VC, Timechain, Fulgur Ventures, and others. The company claims to be building a 'native Bitcoin DvP (Delivery versus Payment) settlement layer,' aiming to pre-lock settlement terms on the Bitcoin chain, lock BTC using a mechanism similar to escrow, and automatically complete settlement after fiat wire transfers or stablecoin payments are confirmed. This is intended to reduce counterparty risk, operational friction, and settlement costs in large institutional Bitcoin transactions. https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=57449