Asia

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…

South Korea’s SK Telekom invests $100M in US’s Anthropic to promote AI innovation

South Korea's telecommunications operator SK Telekom (SKT) has on Monday announced that it is investing additional $100 million in Anthropic, an artificial intelligence (AI) safety and research company based in San Francisco. This follows the previous investment from SK Telecom Venture Capital (SKTVC), the Silicon Valley-based venture capital arm of……

Taiwan’s Gogoro posts lower net loss of $5.6M in second quarter

Taiwanese battery-swapping refueling platform Gogoro saw its net loss for the second quarter of 2023 fall to $5.6 million from $121.1 million a year ago. The group registered a revenue of $87.2 million in the second quarter, down 3.8 percent year-over-year but up 0.2 percent year-over-year on a constant currency basis.

Malaysia’s Solarvest eyes further expansion in Taiwan’s clean energy market

Malaysian clean energy firm Solarvest Holdings Berhad has on Friday established a new wholly-owned subsidiary, Solarvest (Taiwan) Corp Ltd (STCL) in Taipei, Taiwan, with the strategic intent to strengthen its market presence and explore clean energy project opportunities in the country.

Jay Chou’s PHANTACi partners Highstreet to launch ‘PHANTACi Peninsula’

International fashion label PHANTACi is entering a revolutionary partnership with Highstreet, the MMORPG and retail-focused metaverse, unveiling a unique region within Highstreet World called “PHANTACi Peninsula.” This exclusive metaverse intends to provide fans with an innovative, interactive experience, acting as a testament to their enduring support of…