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Hong Kong-based virtual insurer OneDegree has on Wednesday announced that it has provided its OneInfinity digital asset insurance to Rakkar Digital, an Asian digital asset custody service provider, including directors and officers and wallet insurance.

The United States International Development Finance Corporation (DFC) has committed to investing $15 million in Wavemaker Impact, a climate-tech venture capital fund based in Singapore that covers Southeast Asia.

New Zealand-based blockchain firm OnFinality and Google Cloud have announced their support for two community-backed initiatives to empower developers to build, launch, and scale interconnected decentralized applications (dApps) on the Polkadot network.

Darewise Entertainment, a subsidiary of Animoca Brands and the visionary force behind the Life Beyond Gaming Metaverse, announced today a strategic engagement with Horizen Labs for technical token, development, and consulting services.

The new funds will accelerate the company’s move to amplify its brand presence across Southeast Asia. This includes enhancing its logistics capabilities, refining authentication processes, expanding its slew of in-house collections, and optimising its environmentally-conscious delivery process.

Ascent is the largest ecosystem-linked venture platform in the region with four partners, 10 investment professionals, and a supporting operational team across Jakarta, Singapore, Seoul offices and access to multi billion dollar ecosystems across broader Southeast Asia.

The Land Transport Authority said on Thursday it is looking to change the framework for the taxi and ride-hailing industries. It will focus on availability of supply, resilience and the inclusivity of services, while also looking at matters such as the adoption of clean-energy vehicles.

The International Finance Corporation (IFC) and Amartha, an Indonesian microfinance fintech platform, have developed an innovative funding solution to boost access to finance for women-owned micro-enterprises.

VinFast, formed and almost entirely controlled by Vietnam richest man Pham Nhat Vuong, also plans to invest around $1.2 billion in the Indonesian market in the long-term.

This collaboration is an integral part of the Ministry Science, Technology and Innovation’s (MOSTI) Fund Funnel program, an initiative designed to streamline funding options and offer comprehensive support to startups throughout their funding journey, from the seed stage to the initial public offering (IPO), according to a statement released by the…