Blockchain / Crypto
Here’s why free-to-play can attract millions of new players into the Web3 gaming ecosystem [Podcast]
For the “play-to-earn” title to avoid becoming a misnomer, steps must be taken to reduce high entry costs, or even better, have no capital requirements at all.
Vietnam’s Ancient8 raises $6M from Makers Fund and C2 for GameFi infrastructure
Ancient8, a GameFi infrastructure developer and Vietnam’s largest blockchain gaming guild and community, announced Thursday the completion of a $6 million private round of financing led by Makers Fund and C² Ventures. The round also saw participation from existing and new investors Pantera Capital, 6th Man Ventures, IOSG Ventures, Folius Ventures,…
ADDX is first Singapore financial institution to recognize crypto assets of accredited investors
Private market exchange ADDX has become the first financial institution in Singapore to recognise cryptocurrency assets for the purpose of onboarding accredited investors.
Singapore’s Cake DeFi pays a record $317M in rewards to customers
Cake DeFi, Singapore-based Decentralized Finance (DeFi) platform, celebrated its third anniversary today with a key milestone. The company announced that it has paid out over $317 million in rewards as of end Q1 2022 while continuing to see robust business growth of an average of almost 90 percent quarter-on-quarter since 2019.
Vietnam’s Appota lands Mirae funding for blockchain initiative
Appota Group, a Vietnam-based digital entertainment firm, announced Wednesday the close of a financing round led by Mirae Asset Venture Investment with participation from other strategic partners. The investment is earmarked for developing the company's blockchain ecosystem based on its 10-year gaming publishing business.
Indonesia’s Pintu raises $113M Series B from Intudo, Lightspeed, Northstar, Pantera
Pintu, an Indonesia-based crypto wallet and trading platform, announced Tuesday the closing of a $113 million Series B round of financing from Intudo Ventures, Lightspeed, Northstar Group, and Pantera Capital. With this round of financing, the firm plans to solidify its position as the leading crypto assets platform in Indonesia, rolling out new features,…
Taking traditional gaming to the Metaverse, an interview with Red Door Digital’s Joseph Derflinger [Q&A]
Founded in 2021, Red Door Digital aims to take the ultra traditional gaming experience to the metaverse. The company is a global-to-local Web 3.0-ready game studio and publisher making award-winning AAA-quality GameFi titles a reality. The team is composed of world-class game designers and developers that not only worked on, but spearheaded the launch of…
FTX launches cryptocurrency service in Japan
FTX Trading Ltd.(FTX), a Bahamas-based cryptocurrency exchange, announced Thursday that it has launched FTX Japan to service Japanese customers. FTX Japan, operating via FTX Japan K.K. (FTX Japan), is a licensed Japanese crypto-asset exchange services provider and Type 1 Financial Instruments Business license holder.
Binance Labs closes $500M investment fund to boost blockchain, Web3, and value-building technologies
Binance Labs, the venture capital and incubation arm of Binance, announced Wednesday the closing of a new $500 million investment fund with support from leading global institutional investors such as DST Global Partners, and Breyer Capital. Other major private equity funds, family offices, and corporations also subscribed to the fund as limited partners.…
Cloudwall Capital raises $6.3M from LocalGlobe and Illuminate Financial
Cloudwall Capital, a new digital asset risk management startup based in United States and Singapore, said Wednesday it has raised $6.3m in seed funding led by LocalGlobe and Illuminate Financial to help it build the tool to bridge the traditional finance world with digital assets and decentralized finance. They were joined by a syndicate of investors…
