@cyclesmoney from the Cosmos ecosystem just announced the completion of a new funding round. Given the consensus that 'even dogs don’t play with Cosmos' anymore, it’s honestly surprising that Cycles managed to secure new funding. Cycles is a true-blue member of the Cosmos family. Its founder, @buchmanster, is one of the co-founders of Cosmos. The chain’s core tech stack is also the familiar Cosmos ecosystem trifecta: Cosmos SDK + IBC + CometBFT. What sets it apart is its niche focus: a privacy-preserving peer-to-peer clearing and settlement protocol, carving out a unique path in the Cosmos ecosystem by exploring the 'debt clearing' track. Hard to judge. On the narrative front, it’s nowhere near as sexy as the modular blockchain revolution brought by Celestia.