Blockchain / Crypto

Vietnam blockchain game studio Sipher raises $6.8M Seed round to develop its upcoming World of Sipheria game

Sipher is fostering an ecosystem where people can play for fun while also being rewarded for their time spent in-game. By leveraging blockchain technology, Sipher is bringing economic freedom to gamers and providing the community with ownership of in-game assets which directly contributes to the growth and success of the gaming industry.

Hong Kong’s XanPool secures $27M funding round led by Valar Ventures to consolidate APAC presence and expand service offerings

XanPool software allows anyone to seamlessly enable Crypto to Fiat on- or offboarding, instantly executing and settling transactions without taking custody of customer funds. Its unique C2C software solution and liquidity network make the onboarding and offboarding infrastructure in crypto much more user-friendly, and resilient against existing…

The future of banking: Immersive banking – the holy grail (part 3 of 3)

In this new paradigm, key services such as deposit-taking service, asset-custodian, insurance, lending services, risk management, and the offer of securities, etc. will be redistributed between different tech layers and service providers. New capabilities, such as smart contract audit or underwriting (for non-crypto assets) could also be created along the…

Cryptocurrency exchange platform FTX Trading closes $420M Series B-1 funding round, now valued at $25B

FTX Trading Ltd. announced the closing of a $420.69 million Series B-1 fundraise, increasing the valuation of the company to $25 billion.

Animoca Brands raises $65M at $2.2B valuation from Ubisoft, Sequoia China, Dragonfly Capital, others

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

Xfers’ digital assets platform StraitsX hits $1.48B in transactions in 2021

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, SGX-backed ADDX collaborate on $36.8M sustainability-linked digital bond

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.

VeChain’s Sunny Lu on the future of blockchain in the real world [Podcast Q&A]

"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…

The future of banking: An open and programmable money infrastructure (part 2 of 3)

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.

Updating a blockchain is forking hard!

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.