Blockchain development and research firm Peregrine Exploration completed a $3.60 million funding round, led by Polychain Capital and Dragonfly, Robot Ventures, Pier Two, EIV, and Global Coin Research, as well as angel investors such as Balaji Srinivasan, Jeff Fang, Julian Koh, and Sidney Powell. It is reported that the new funds will be used to develop a stablecoin protocol called Level. (TheBlock)