Singapore

This will apply to individuals who derive income from NFT transactions or from trading in NFTs.

Cialfo has secured a further $20 million in funding as part of a Series B extension, led by United States-based investment firm Tiger Global. The news follows January’s announcement of a $40 million round co-led by global investment firm Square Peg, and Australian-headquartered SEEK Investments. This brings the total raised to date to $77 million, including…

EthSign, a Singapore-based Web 3 application builder, announced Wednesday a $12 million seed round led by Sequoia Capital India and Mirana Ventures (Venture Partner of BitDAO and Bybit), along with participation from Sequoia Capital and Sequoia Capital China.

Cake DeFi has launched Cake DeFi Ventures (CDV), its venture capital arm with $100 million in earmarked capital. CDV is looking to invest in technology startups in Web3, gaming and fintech – especially those in the metaverse, non-fungible token (NFT), blockchain and esports industries, that will bring synergistic value to Cake DeFi’s core business.

Funding Societies has selected banking-as-a-service (BaaS) provider MatchMove to offer virtual card solutions to their micro, small, and medium-size enterprises (MSME) clients in addition to their approved loans at affordable interest rates. This partnership would solve the growing need for MSMEs to manage their digital business expenses.

Mighty Jaxx announced Monday the first close of $20 million in its oversubscribed Series A+ funding round, pushing the company’s valuation to over $200 million. The funding round, fuelled by burgeoning interest in the phygital and metaverse future, was led by East Ventures (Growth Fund) and includes new strategic investor Mirana Ventures - the venture…

AI Rudder has closed a $50 million Series B funding round, bringing total funding in the last 12 months to $60 million. New investors Tiger Global, Coatue, Cathay Innovation, First Plus and VenturesLab participated and were joined by previous investors Sequoia Capital India and Huashan Capital. To power this next phase of growth, the company will use the…

Insider announced Monday a $121 million Series D round led by Qatar Investment Authority (QIA), at a $1.22 billion valuation. Other investors participating in the round include Sequoia Capital, Riverwood Capital, 212, Wamda Capital, Esas Private Equity, and Endeavor Catalyst. The additional capital will be used to fuel rapid global expansion, enhance the…

Zaapi has raised a $4 million seed investment in the current round of funding. Prominent venture capital investors, including Global Founders Capital (GFC), Flourish Ventures, and Partech, led the investment. Other institutional investors in the round include 1982 Ventures, Kaya Founders, Iterative, XA Network, and Sketchnote Partners/Invertidos.