Blockchain / Crypto
Singapore’s TiTi Protocol secures $3.5M led by The Spartan Group to build the first use-to-earn algorithm stablecoin
TiTi Protocol, a Singapore-based multi-asset reserve stablecoin, on Tuesday announced a successful fundraising round of $3.5 million, led by The Spartan Group. The round also saw the participation from SevenX Ventures, Incuba Alpha, DeFi Alliance, Agnostic Fund, Fourth Revolution Capital (4RCapital), Solidity Venture, and other institutions, as well as…
Hong Kong’s Newman Capital launches $50M investment fund to empower businesses with Web3 solutions
Hong Kong-based investment firm Newman Capital announced Wednesday the launch of its $50 million investment fund to help cutting-edge traditional businesses to strengthen their position in the ever-growing Web3 world. The fund is on the mission to accelerate the Web3 adoption, especially in the traditional business world, focusing on Asia.
Vietnam’s Sky Mavis raises $150M funding led by Binance to restore funds on the Ronin Bridge
Sky Mavis, the Vietnamese gaming firm behind play-to-earn game Axie Infinity, said Thursday it has raised $150 million funding round led by Binance to restore funds on the Ronin Bridge.The round also saw the participation of Animoca Brands, a16z, Dialectic, Paradigm and Accel. The fund will be used to reimburse user funds affected by the Ronin Validator…
Indonesia’s GoTo sells majority stake in Philippines e-wallet Coins.ph – report
Gojek had acquired the stake in 2019 when it plans to expand into the Philippines.
Hong Kong social crypto investing platform Kikitrade nets $6M funding co-led by AppWorks and Media Asia
Hong Kong-based one-stop cryptocurrency and social investment platform Kikitrade announced Monday the company has completed a $6 million strategic round, co-led by AppWorks and Media Asia with participation from Audeo Ventures and existing shareholders. This round of funding follows a $12 million investment led by internationally renowned investors…
Binance to be the official cryptocurrency exchange partner of the 64th Annual GRAMMY Awards
Binance, the global blockchain company behind the world's largest cryptocurrency exchange, announced Thursday it has signed a partnership agreement with the Recording Academy to become the first-ever official cryptocurrency exchange partner for the 64th Annual GRAMMY Awards and GRAMMY Week events, including the inaugural Recording Academy Honors…
US and Japan-based gumi Cryptos Capital raises $110M early-stage fund to invest in blockchain startups
Gumi Cryptos Capital (gCC), a blockchain-focused venture capital firm based in United States and Japan, announced Wednesday the completion of raising $110 million for its second blockchain-focused early-stage fund. The fund will target exceptional developers, projects, DAOs, guilds, apps, games, and protocols at any layer at the earliest stage and is…
Malaysia’s Hatten Land signs agreement with new partner for crypto mining activities
Hatten Land Limited and together with its subsidiaries, announced Thursday that its wholly-owned subsidiary Hatten Edge Pte. Ltd. has entered into a crypto mining facility and support services agreement with a new business partner, where up to 550 crypto mining rigs can be added to the group's crypto mining activites and deployed across its crypto mining…
China’s Greenland Financial Technology partners Singapore’s MetaVerse Green Exchange for cross-border digital carbon credits and crypto assets
Greenland Financial Technology Group (Shanghai), a core platform of Greenland Group, a global Fortune 500 company and one of Shanghai’s largest state-backed enterprises focusing on real estate, infrastructure and finance, and MetaVerse Green Exchange (MVGX), a digital green exchange licensed and regulated by the Monetary Authority of Singapore (MAS), have…
Singapore’s FOMO Pay partners with Circle to use USD Coin for product offering
FOMO Pay Pte. Ltd. announced Thursday it has entered into a strategic agreement to collaborate with Circle Internet Financial, LLC (Circle). FOMO Pay will integrate USDC into its services, allowing its merchant, corporate and financial institution clients to seamlessly convert between USDC and fiat currency. This will take advantage of the inherent…
