Blockchain / Crypto

Animoca Brands has closed a capital raise for $65 million conducted at a pre-money valuation of $2.2 billion.

Adding on to this announcement is the unveiling of StraitsX’s new platform and identity. The new StraitsX platform features a redesigned and streamlined user interface to enable faster and more efficient navigation.

UOB was appointed as a joint lead manager for the S$675-million ($496.56 million) sustainability-linked bond issued by Sembcorp, through its wholly-owned subsidiary Sembcorp Financial Services. The bank partnered with ADDX to custodise and manage a S$50-million ($36.78 million) portion of the bond.

"Although there is still heavy focus on regulations and compliance in the blockchain industry, what VeChain is really concerned about is the evolving marketplace in need of maturity. For the majority of enterprise users of public blockchain, they need more upstream and downstream players to build a larger collaborative ecosystem. VeChain aims to play this…

As we can see, the old banking world and the new blockchain-based money world are converging towards a common direction: a digitally open and easy programmable money infrastructure.

If blockchain networks seek to stand the test of time and rebuild today's institutions for a decentralized, democratized world, governance will be a vital part of the mission.

The increased confidence from institutional investors has propelled more retail investors to invest in digital assets. In turn, new financial products and services related to digital assets will be developed which may provide opportunities for both existing and new investors to participate in projects that will be the first of their kind and shape the…

For public stock exchanges, the biggest barriers to change are legacy systems and processes. Moving from the legacy system to a blockchain-powered one would require a bold decision to dismantle and write off large parts of the existing machinery.

Alternative assets are going mainstream and this expands the asset space dramatically. All types of assets will be increasingly digitized, fractionalized, and tokenized--along with the liquidity built around it.

The company has also received interest from leagues and fans across the globe to replicate Sorare model in other sports and it plans to roll out new sports in 2022.