Blockchain / Crypto

Singaporean multi-currency stablecoin protocol Bluejay Finance bags $2.9M funding

Bluejay Finance, a capital-efficient decentralized stablecoin protocol for issuing stablecoins pegged to real-world currencies, said Wednesday it has raised $2.9 million funding from Zee Prime Capital, C2 Ventures, Stake Capital Group, RNR Capital, Daedalus Angels, Moonlanding Ventures, Oval Ventures, and more, with operator-angels including DeFi projects…

XLD Finance raises $13M pre-series A funding led by Dragonfly Capital and Infinity Ventures Crypto

XLD Finance, a borderless decentralised ecosystem that provides financial tools to emerging economies, announced Wednesday that it has successfully raised $13 million during the pre-Series A funding round led by Dragonfly Capital and Infinity Ventures Crypto (IVC).

Singapore’s Fintonia awarded provisional virtual assets license in Dubai

Fintonia Group, an entrepreneurial financial services company based in Singapore, announced Tuesday that it has secured a provisional virtual asset license granted by the Dubai Virtual Assets Regulatory Authority (VARA). The license allows Fintonia to participate in Dubai’s fast-growing digital assets ecosystem by operating crypto native services under full…

Animoca Brands raises over $75M to advance vision of open metaverse

Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the open metaverse, announced Tuesday that it has completed a capital raise of $75.32 million. Investors in the round included Liberty City Ventures, Kingsway Capital, Alpha Wave Ventures, 10T, SG Spring Limited Partnership Fund, Generation Highway Ltd, Cosmic…

Vleppo, Tokel conduct digital procedure to make NFT rights legally enforceable in the real world

Web3 firms Vleppo and Tokel have successfully conducted a breakthrough digital procedure that will pave the way for the blockchain industry and non-fungible token (NFT) owners to establish and enable their legal rights embodied in the NFTs and digital transactions to be made legally enforceable in the courts of law around the world.

SpaceChain completes EVM Blockchain testing in space, expands space applications for Blockchain customers

SpaceChain announced on Tuesday the completion of the testing of the space node it created for Velas Network AG, which is hosted on an LEO satellite and independent of terrestrial networks.

Singapore’s Cake DeFi stacks leadership bench, with experts from the corporate and traditional finance sectors

Cake DeFi, the fastest-growing Singapore-based Decentralised Finance (DeFi) platform announced on Tuesday key appointments to its leadership bench from the traditional finance and technology sectors.

Exploring the creative industry’s unexplored with interactive NFTs [Podcast]

Generative arts are not new in the NFT industry. Despite the unpredictable nature of the industry, NFTs are still on the path to exploring the unknown. Time will tell as to the real impact that interactive NFTs can instill across the creative industries.

Binance secures virtual asset service provider registration in Spain

Binance, the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider, announced that its Spanish subsidiary, Moon Tech Spain, S.L., has been granted registration as a virtual asset services provider(VASP) by the Bank of Spain. This registration will allow Binance to offer crypto asset exchange and custody services in Spain in…

A deep dive into the DeFi Space with Sooho.io’s Jisu Park [Q&A]

Founded in 2018, Sooho.io is a leading DeFi infrastructure service provider trusted by Fortune 500s including Samsung SDS, LG CNS and more. Headquartered in South Korea, the company aims to become the SWIFT for Web3.0 and connect the Korean DeFi ecosystem with the rest of the world.