Founders Fund leads $5M token buy in Anvil collateral protocol

Peter Thiel's Founders Fund led a $5 million purchase of ANVL tokens in Anvil, a crypto collateral protocol, with Pantera Capital and Bullish also participating, according to CoinDesk. The token buy comes as Anvil rolls out software designed to make its collateral protocol easier for businesses to integrate. No valuation, token terms or integration details were disclosed.