Level USD has successfully raised $2.6 million in a strategic funding round led by Dragonfly Capital, with participation from Polychain and other investors. This funding aims to advance the development of its stablecoin protocol, which is backed by restaked dollar tokens. The company has now raised over $6 million in total, reflecting a growing interest in decentralized stablecoins, which currently represent a market valued at approximately $229.5 billion. Additionally, the crypto casino platform Yeet announced a $7.75 million fundraising round, also led by Dragonfly Capital, to enhance its offerings in the crypto gambling space. Yeet aims to provide both traditional casino games and crypto-focused games, catering to a burgeoning market for crypto casinos.