Blockchain / Crypto
Blockchain Association Singapore partners SGTech to boost blockchain development in Singapore
Blockchain Association Singapore (BAS) and SGTech have signed a Memorandum of Understanding (MOU) to form a strategic partnership to collaborate on blockchain-related issues in Singapore. Under the MOU, both parties will establish a deep partnership to bolster the local blockchain ecosystem through leveraging on each other’s networks on issues such as…
Finch Asia, IndoGen Capital, and Tokocrypto execs launch Southeast Asia focused Web3 projects fund
Finch Asia and IndoGen Capital are forming a web3-focused investment fund, named Cydonia, onboarding seasoned profiles from the blockchain landscape as the partners, notably Teguh Kurniawan Harmanda and Chung Ying Lai, who are respectively the Co-Founder/Chief Operating Officer and Chief Strategy Officer of Indonesia's largest crypto exchange, Tokocrypto,…
Singapore’s Digital Treasures Center gets regulatory nod to provide digital payment token
Singapore payment firm Digital Treasures Center (DTC) said Wednesday the Monetary Authority of Singapore (MAS) has awarded the company In-Principle Approval (IPA) to provide digital payment token service together with other payment services. Digital payment tokens are commonly known as cryptocurrency. DTC is among the first few applicants to receive the…
HSBC enters the metaverse via partnership with The Sandbox
HSBC and The Sandbox announced Wednesday a new partnership that will open up a host of opportunities for virtual communities across the world to engage with global financial services providers and sports communities in The Sandbox metaverse. The groundbreaking partnership between The Sandbox and HSBC will see the global financial services provider acquire a…
Temasek, SoftBank, C Ventures and others invest in US ConsenSys $450M Series D funding
ConsenSys announced Tuesday the close of a $450 million financing ground, bringing its valuation to $7 billion. ParaFi Capital led this raise after participating in ConsenSys’ Series C round in November 2021. They were joined by new investors, including Temasek, SoftBank Vision Fund 2, Microsoft, Anthos Capital, Sound Ventures, and C Ventures.
Singapore cryptocurrency firm Hodlnaut gets license from Singapore regulator for additional payment services
Hodlnaut has received an in-principle approval (IPA) letter for a Major Payment Institution License in Singapore from the Monetary Authority of Singapore (MAS) under the Payment Services Act (PS Act).
Hong Kong’s Hex Trust raises $88M in Series B funding co-led by Animoca Brands and Liberty City Ventures
Hex Trust has closed its Series B funding round of $88 million co-led by Animoca Brands and Liberty City Ventures. Participants in the round included Ripple, Terra, Morgan Creek, Primavera Venture Partners, LeadBlock Partners, Eterna Capital, Sino Global Capital, Topaz, and Adrian Cheng (Chief Executive Officer of Hong Kong real estate group New World…
Indonesia’s RRQ teams up Alterra to launch RRQ Guild to build and support play-to-earn communities
Rex Regum Qeon (also known as RRQ) on Tuesday launched its new project RRQ Guild, in collaboration with tech startup Alterra, to expand blockchain based play-to-earn communities globally through its fanbase and online-to-offline (O2O) presence. RRQ teamed up Alterra to leverage the latter’s technology expertise and O2O presence in over 90 cities in…
Income tax will apply to NFT transactions, says Singapore Finance Minister – report
This will apply to individuals who derive income from NFT transactions or from trading in NFTs.
Malaysia’s MYEG launches global NFT marketplace known as NFT Pangolin
MY E.G. Services Berhad (MYEG) announced Thursday the company’s official entry into the non-fungible token (NFT) space with the launch of NFT Pangolin. The global NFT marketplace supports the issuance and trading of NFTs and is set to operate on the soon-to-be-launched Zetrix Layer 1 blockchain network which serves as a parallel chain to the International…
