Blockchain / Crypto
Singapore’s prePO raises $2.1M in strategic round led by Republic Capital, IOSG Ventures
PrePO has closed a $2.1 million strategic round led by Republic Capital and IOSG Ventures, turbocharging its mission to democratize pre-public investing. Other participants in the round including MEXC, AscendEX, GCR, Shima Capital, Caballeros Capital, Dexterity Capital, HoneyDAO, NeptuneDAO; Founders from Gnosis, 1inch, Moonbeam, Zapper, Gelato, BarnBridge,…
South Korea’s Krafton partners with Solana Labs for blockchain-based games and services
Krafton, Inc. announced Thursday the signing of a business agreement with Solana Labs to support the design and marketing of blockchain-based games and services. Through this agreement, Krafton and Solana Labs are poised to build a long-term cooperative relationship for the development and operation of blockchain- and non-fungible token (NFT)-based games…
Securities Commission Malaysia registers two initial exchange offering operators
The Securities Commission Malaysia (SC) announced Wednesday that it has registered two initial exchange offering (IEO) operators, Kapital DX Sdn Bhd and Pitch Platforms Sdn Bhd, to promote responsible innovation in the digital assets space. The registered IEO operators will provide an alternative avenue for eligible companies to raise funds via the…
BIS Innovation Hub and central banks of Australia, Malaysia, Singapore and South Africa develop experimental multi-CBDC platform for international settlements
The Bank for International Settlements (BIS) Innovation Hub, the Reserve Bank of Australia, Bank Negara Malaysia, the Monetary Authority of Singapore, and the South African Reserve Bank announced Tuesday the completion of prototypes for a common platform enabling international settlements using multiple central bank digital currencies (mCBDCs). Led by the…
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).
