Blockchain / Crypto

Vietnam’s Appota lands Mirae funding for blockchain initiative

Appota Group, a Vietnam-based digital entertainment firm, announced Wednesday the close of a financing round led by Mirae Asset Venture Investment with participation from other strategic partners. The investment is earmarked for developing the company's blockchain ecosystem based on its 10-year gaming publishing business.

Indonesia’s Pintu raises $113M Series B from Intudo, Lightspeed, Northstar, Pantera

Pintu, an Indonesia-based crypto wallet and trading platform, announced Tuesday the closing of a $113 million Series B round of financing from Intudo Ventures, Lightspeed, Northstar Group, and Pantera Capital. With this round of financing, the firm plans to solidify its position as the leading crypto assets platform in Indonesia, rolling out new features,…

Taking traditional gaming to the Metaverse, an interview with Red Door Digital’s Joseph Derflinger [Q&A]

Founded in 2021, Red Door Digital aims to take the ultra traditional gaming experience to the metaverse. The company is a global-to-local Web 3.0-ready game studio and publisher making award-winning AAA-quality GameFi titles a reality. The team is composed of world-class game designers and developers that not only worked on, but spearheaded the launch of…

FTX launches cryptocurrency service in Japan

FTX Trading Ltd.(FTX), a Bahamas-based cryptocurrency exchange, announced Thursday that it has launched FTX Japan to service Japanese customers. FTX Japan, operating via FTX Japan K.K. (FTX Japan), is a licensed Japanese crypto-asset exchange services provider and Type 1 Financial Instruments Business license holder.

Binance Labs closes $500M investment fund to boost blockchain, Web3, and value-building technologies

Binance Labs, the venture capital and incubation arm of Binance, announced Wednesday the closing of a new $500 million investment fund with support from leading global institutional investors such as DST Global Partners, and Breyer Capital. Other major private equity funds, family offices, and corporations also subscribed to the fund as limited partners.…

Cloudwall Capital raises $6.3M from LocalGlobe and Illuminate Financial

Cloudwall Capital, a new digital asset risk management startup based in United States and Singapore, said Wednesday it has raised $6.3m in seed funding led by LocalGlobe and Illuminate Financial to help it build the tool to bridge the traditional finance world with digital assets and decentralized finance. They were joined by a syndicate of investors…

Sooho.io partners with Lambda256 to unify South Korea’s crypto infrastructure

The bridge, along with a decentralized exchange (DEX), will both be developed by Sooho.io on top of Lambda256’s mainnet, called The Balance. The Balance was launched for a number of partners to develop various types of decentralized apps (dApps) to build the ecosystem, involving projects such as IPFS, play-to-earn, oracles, DEXs, NFTs, wallets, and…

Singapore skyline SGX SPAC

MAS partners the industry to pilot use cases in digital assets

The Monetary Authority of Singapore (MAS) announced Tuesday the commencement of Project Guardian, a collaborative initiative with the financial industry that seeks to explore the economic potential and value-adding use cases of asset tokenisation.

Red Door Digital lists Reign of Terror NFTs on Fractal Marketplace

Red Door Digital, the Web 3.0-ready game studio and publisher, today announced it will be launching NFTs for its in-house developed Web3 game Reign of Terror via Fractal, the online NFT marketplace for Solana-based game assets. Founded by Twitch Co-Founder Justin Kan and Google Drive co-founder David Wurtz, Fractal shares Red Door Digital’s mission to…

The Sandbox acquires Uruguayan technology firm Cualit to accelerate Web3 development and metaverse growth

The Sandbox, a decentralized gaming virtual world and a subsidiary of Animoca Brands, announced Thursday it has acquired the Uruguayan company Cualit, a full-stack development technology firm experienced in gaming, to boost its Web3 and blockchain innovation and development capabilities. Cualit will become The Sandbox Uruguay, expanding The Sandbox global…