Blockchain / Crypto
Hong Kong gaming firm Animoca Brands raises $358.89M at $5B valuation to grow the open metaverse
Animoca Brands has completed a capital raise of $358.89 million at a pre-money valuation of $5 billion. The round was led by Liberty City Ventures, with other investors including 10T Holdings, C Ventures, Delta Fund, Gemini Frontier Fund, Gobi Partners Greater Bay Area, Kingsway, L2 Capital, Mirae Asset, Pacific Century Group, ParaFi Capital, Provident,…
Singapore’s regulator issues guidelines to discourage cryptocurrency trading by general public
The Monetary Authority of Singapore (MAS) on Monday issued guidelines giving effect to MAS’ expectations that Digital Payment Token (DPT or more commonly known as cryptocurrency) service providers should not promote their DPT services to the general public in Singapore.
Vietnam’s Funtap launches $10M capital fund dedicated to blockchain-focused tech startups
Funtap's unit Funverse Capital has launched its first $10 million-sized investment fund for blockchain-focused tech startups capable of driving profound impact on the fintech and gaming industry. In addition to capital funding ticket size of up to $1 million for each qualified project, Funverse Capital offers mentorship and accelerator programs which take…
Building a world where the next 1,000 Pokemon GOs are built [Podcast Q&A]
Our “why” at SuperWorld is how do we build a better world? How do we leverage technologies like augmented reality and virtual reality, blockchain, artificial intelligence? How do we bring all these technologies together to actually improve the world and enhance humanity? Those are the kinds of questions that propel us forward.
Sweden blockchain startup ChromaWay raises $10M funding led by True Global Ventures
True Global Ventures 4 Plus (TGV4 Plus) Fund has invested $5 million into ChromaWay, leading the $10 million latest fundraising round.
Startup accelerator F10 to incubate early-stage blockchain startups in Singapore with Klaytn Foundation
F10 will partner with Klaytn Foundation to launch an Incubation Program in Singapore. The program will support early-stage startups built on Klaytn, a blockchain platform developed by internet giant Kakao Corp. The 3-month program kicks off in April 2022 and will enable entrepreneurs to develop ideas or minimal viable products (MVPs) into scalable…
What is the metaverse, and why does it matter?
An ‘Open Metaverse’ protects each individual’s data on the blockchain from unpaid exploitation. By delivering real value through property rights, earning capability, and peer-to-peer connectivity, the ‘Open Metaverse’ offers a supportive environment that is already attracting many new users. Decentraland is a good example of a more mature metaverse that…
Sygnum raises $90M Series B funding to accelerate expansion of Web 3.0 offerings and into new global markets
Sygnum has raised $90 million in an oversubscribed Series B funding round led by Sun Hung Kai & Co. Limited. They are joined by a raft of new and existing strategic investors, with the round valuing Sygnum at $800 million on a post-money basis.
Singapore crypto media platform Chain Debrief raises $900,000 seed funding to expand its platform
Chain Debrief has closed a US$900,000 seed funding round. The round is led by angel investor Sim Jian Hong and supported by institutional investors QCP Capital, Gecko Ventures, Double Peak Group and Coinhako, Senior executives from Defiance Capital, Xfers, Mintable and other individual investors in the crypto space also participated in the funding round.…
Taiwanese pop star Jay Chou sells $10+M worth of NFTs to rank 4th place globally next to Cryptopunk
Taiwanese pop star Jay Chou has recently released an non fungible token (NFT) series called Phantabear, which is currently among the top four most sold NFT series on Opensea. Over 10,000 NFTs, each costing more than 1,000 USD, were sold in less than five minutes, banking them over $10 million and breaking the record for the fastest selling NFT in the world…
