Rally, a composable checkout platform for ecommerce merchants, has raised $12m in a Series A funding round led by March Capital. Rally's checkout solution offers ecommerce businesses a one-click checkout option and tools for post-purchase offers, which have been shown to reduce cart abandonment rates and increase revenue. The funding will help Rally strengthen its team, penetrate enterprise and international markets, and expand integrations beyond Swell and BigCommerce with other commerce platforms such as Salesforce Commerce Cloud and commercetools and payment methods such as Affirm and AfterPay. The platform currently supports multiple back-end and front-end platforms, payment processors, and payment methods, and plans to build out Web3 features, starting with allowing merchants to accept cryptocurrencies in their checkout.

Coinbase has disabled trading for several cryptocurrencies, including Rally (RLY), http://DFI.Money (YFII), Mirror (MIR), OMG Network (OMG), Loom Network (LOOM), and Augur (REP).

RLY token increased from as low as $0.0149 to as high as $0.0313 in the last 24 hours. At the time of writing, the RLY price lingers around $0.0265.

Ethereum-based (ETH) social token platform Rally said its sidechain would shutter operations on Jan. 31, and users would be unable to transfer their non-fungible tokens (NFTs), according to emails sent to its community on the same day.

Rally, a social token platform on the Ethereum network, announced that it was calling it quits on Tuesday. The news came via an email to the Rally community saying that the Rally sidechain would be sunsetted on January 31—the same day the email was sent.