August 21 news, according to the official announcement, synthetic asset platform Kresko will close the project. The announcement said that the project founder has been facing serious health problems, and the situation has worsened recently. After careful consideration and exploring various alternatives, the team came to the conclusion of closing the project, and said that this is the best course of action. The announcement reminded users to complete the asset extraction and migration before September 10. Last November, synthetic asset platform Kresko announced the completion of a $1.80 million strategic round led by Electric Capital and Zero Age Ventures, with participation from WAGMI Ventures, GTS Ventures, OakGrove Ventures, MH Ventures and Gui Laliberte.