Blockchain / Crypto

Kakao-backed blockchain platform Klaytn inks five key partnerships for global expansion

Klaytn, a public blockchain platform developed by internet giant Kakao Corp, has signed five key partnership deals to pursue its global expansion plans.Its mandate for 2022 is to be the blockchain of choice gaming and metaverse projects, while pursuing continued integration with the defi ecosystem.

Singapore blockchain gaming startup Infinity Force raises $5.5M seed investment led by Animoca Brands

Infinity Force announced its $5.5 million seed-funding raise led by Animoca Brands. Other participants in the round included JUMP Capital, Sky Vision Capital, OKex Blockdream Ventures, MEXC, GSR, Double Peak Group, Tokenbay, DWeb3, and more. It will use the new funding to further scale its functionality to facilitate onboarding games, guilds and players, as…

Vietnamese blockchain gaming guild Ancient8 raises $4M seed fund from Dragonfly, Pantera, and Hashed

Ancient8 announced the completion of a $4 million round of seed financing led by Dragonfly Capital, Pantera Capital, and Hashed. The round also saw the participation from strategic backers including Mechanism Capital, Coinbase Ventures, Alameda Research, 3Twelve Capital, Coin98 Ventures, Kyros Ventures, Raydium, Jump Capital, GuildFi, Impossible Finance,…

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 skyline SGX SPAC

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…