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Singapore’s Crypto.com launches new exchange in the United States

Singapore-based cryptocurrency exchange company Crypto.com has announced the launch of the Crypto.com Exchange, Crypto.com’s institutional-grade offering, in the United States.

Malaysia’s FashionValet founders claim trial to alternative charges of fund misappropriation – report

They are accused of jointly and dishonestly misappropriating MYR8 million of FashionValet’s investment funds from Khazanah and PNB, at Public Bank Berhad, Bukit Damansara Branch, 36-40 Medan Setia 2, Plaza Damansara, Bukit Damansara, on Aug 21, 2018.

Dtcpay collaborates with BNB Chain to accelerate real-world utility for stable coin payments

Singapore-based digital payments platform dtcpay has teamed up with BNB Chain, the community-driven blockchain ecosystem that includes the world’s largest smart contract blockchain by daily transactions, to accelerate the real-world utility of stable coins.

Singapore’s CYFIRMA secures funding from MDI Ventures to enhance SEA’s cyber security

CYFIRMA, a Singapore-based cybersecurity company, has secured funding from Indonesian venture capital firm MDI Ventures to enhance Southeast East Asia (SEA)’s cyber security.

Alibaba Cloud announces latest AI models, tools & infrastructure available to drive more efficient global AI community

These advancements aim to empower developers worldwide to build innovative AI applications more cost-effectively and drive a thriving global generative AI community.

SUSI Partners raises $139M from BII, FMO for Southeast Asia renewable assets

Swiss fund manager SUSI Partners has raised $139 million additional investor capital for its Southeast Asia-focused strategy, increasing its total size to $259 million.

IFC invests $130M in Asialink to boost small-business lending in the Philippines

In line with its goal to ramp up financial inclusion in the Philippines, the International Finance Corporation (IFC) announced Tuesday it will provide up to $130 million in investment to Asialink Finance Corporation (AFC).

Indonesia’s seaweed startup Banyu raises $1.25M seed round led by Intudo

With this round of financing, Banyu will establish a seedling cultivation laboratory and nursery and grow its farming and exporting operations.

Titan Lab by Tokenize Xchange acquires Coinseeker in $30M deal to drive innovation

Titan Lab by Tokenize Xchange (Tokenize), the blockchain development arm of the Singapore-based digital asset platform, has acquired Coinseeker, a Singapore-based startup specializing in artificial intelligence (AI)-driven blockchain venture intelligence and incubation services, in a deal valuing the company at $30 million.

Malaysia’s iMotorbike completes Series A funding with $10M to drive regional growth

IMotorbike, a Malaysia-based motorcycle platform for buying and selling pre-owned motorcycles, has announced the successful completion of a $10 million Series A funding round.