Asia
Binance Labs invests in Pendle Finance to scale DeFi yield opportunities and drive adoption for LSDfi
Binance Labs, the venture capital and incubation arm of Binance, has invested in Pendle Finance, a DeFi protocol that enables the tokenization and trading of yield. The investment emphasizes Binance Labs’ commitment to supporting promising projects that will shape the next generation of DeFi primitives, and enable Pendle Finance to extend their reach across…
US’s Axiom Space secures $350M in Series-C round led by Saudi and South Korean investors
Axiom Space has on Monday announced that it has secured $350 million in its Series-C round of growth funding, lifting the total funds raised to over $505 million from investors and achieving more than $2.2 billion in customer contracts. Investments, led by Aljazira Capital and Boryung, will fuel continued growth for Houston-based space company building…
BEYOND Tonight comes to KL again to promote Asia’s largest tech expo
Distinguished attendees of the event encompassed a diverse spectrum, including investors, prominent figures from the tech ecosystem, representatives from government agencies, venture capital firms, corporations, family offices, startups, as well as notable presences including Khazanah Nasional Bhd, Malaysia Venture Capital Management (MAVCAP), Sunway Group,…
HealthXCapital joins Jungle Ventures to lead healthcare investments in Southeast Asia and India
Jungle Ventures, the Singapore-based independent venture capital firm, has announced the addition of the HealthXCapital (HXC) team to lead the firm’s healthcare investments in Southeast Asia and India. Founded in a joint commitment of driving positive change within healthcare, this move marks a seamless and timely transition in reflection of HXC and Jungle…
Open Campus, TinyTap, Code Green join forces to fight climate change through innovative educational initiatives
Open Campus, a community-led protocol for educators, content creators, parents, and students, and TinyTap, an edtech subsidiary of Hong Kong-based gaming firm Animoca Brands, have on Thursday announced a strategic partnership with Code Green, the trailblazing Web3 organization driven by a commitment to the planet's health. The collaboration aims to help…
Chubb survey: digital wallet race intensifies as banks, FinTechs invest in Insurance
The digital wallet race intensifies as banks and FinTechs inAsia and around the world invest in insurance, according to Chubb survey revealed on Wednesday. A majority (56 percent) of financial executives involved in insurance decision-making globally expect to generate more than 10 percent of their revenue from embedded insurance within three years.
Animoca Brands becomes official AWS Activate Provider to accelerate Web3 development
Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the open metaverse, announced Wednesday that it has become an official AWS Activate Provider, enabling it to offer to its portfolio companies the tools, resources, content, and expert support to build on AWS and accelerate development for Web3 products and services.…
Animoca Brands partners CyberConnect to build decentralized social layer for Mocaverse
CyberConnect, a United States-based Web3's social network, has entered into a memorandum of understanding (MoU) for a strategic partnership with Animoca Brands, the Hong Kong-based gaming and metaverse firm, to build a decentralized social layer for Mocaverse, the non-fungible token (NFT) collection of the Animoca Brands ecosystem.
Hong Kong’s Xverse raises $5M in seed funding round led by Jump Crypto
Hong Kong-based bitcoin wallet Xverse has raised $5 million in seed funding round led by Jump Crypto. The round also saw participation from RockawayX, Sfermion, Alliance, NGC Ventures, V3ntures, Old Fashion Research, 2140 Bitcoin Ecosystem Fund, Bitcoin Frontier Fund, Newman Capital, Franklin Templeton, New Layer Capital, Miton C, Gossamer Capital, Daxos…
