Rialo Testnet Launches; Elastics and Saturn Announce Seed Funding

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Rialo’s testnet is now live, allowing users to sign up and claim test tokens. The project funding news includes $20 million in seed capital led by Pantera Capital in August 2025. Elastics and Saturn each raised $2 million in seed rounds. Elastics focuses on AI-driven prediction markets, while Saturn builds a Bitcoin-backed stablecoin protocol. The protocol update for Rialo marks a key step ahead of its mainnet launch.

Original | Odaily Planet Daily (@OdailyChina)

Author | Asher (@Asher_0210)

Rialo: Blockchain built for the real world

Project Overview

Rialo is a blockchain project developed by Subzero Labs, positioned as a "Real-World Blockchain," designed to address the pain points of traditional blockchains in real-world applications, enabling decentralized applications to be as user-friendly, high-performance, and seamlessly integrated with real-world data as Web2 applications.

In August 2025, Rialo announced the completion of a $20 million seed round led by Pantera Capital, with participation from Variant, Coinbase Ventures, and others.

Interactive Tutorial

STEP 1. Visit the website (link: https://playground.rialo.io/) and click “Sign in” in the top right corner to complete account registration.

STEP 2. After clicking "Account," click "Request devnet $RIALO" to claim test tokens.

STEP 3. Return to the homepage and explore the four live features: Meridian, Guarded Vault, Ermac, and Project 1337.

Elastics: AI agents for prediction markets

Project Overview

Elastics is an AI agent project focused on prediction markets, enabling users to trade using natural language (“Trade with Words”) while AI agents automatically scan markets, analyze data, execute trades, manage portfolios, and handle risk. It currently connects primarily to leading prediction markets such as Polymarket and Kalshi, offering a unified trading interface and access to real-time and historical data.

On May 5, Elastics announced on X that it has completed a $2 million pre-seed round led by Fist, with participation from a16z and others.

Interactive Tutorial

STEP 1. Visit the official Discord (link: https://discord.com/invite/elastics) and try to obtain an early role.

STEP 2. Visit the official site (link: https://app.elastics.ai/sign-in), fill out the whitelist application to gain early access.

Saturn: A stablecoin protocol based on Bitcoin digital credit

Project Overview

Saturn is a stablecoin protocol powered by Bitcoin digital credit, driven by the STRC product from Strategy (related to MicroStrategy/Michael Saylor), aiming to provide a Bitcoin-backed yield of over 11% for DeFi.

On May 7, Saturn announced on X that it had completed a $2 million seed round led by The Spartan Group. Additionally, on May 6, Saturn officially stated that 5% of the total token supply would be allocated to users who participated in interactions during the first season.

Interactive Tutorial

STEP 1. Visit the website (link: https://app.saturn.credit/), then click “CONNECT WALLET” to log in to your account.

STEP 2. Deposit stablecoin USDC and mint sUSDat / srUSDat, then stake srUSDat on Pendle to earn points through PT/YT.

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