Web3

Web3’s growth can no longer be driven by digital engagement alone. In the wake of trust-eroding moments like the FTX collapse, rebuilding credibility requires more than whitepapers and panel discussions – it demands tangible, human connection. For many, real-life experiences are what transform abstract technology into something personal and memorable.

Singapore-based superapp Grab and digital assets firm StraitsX announced Tuesday a strategic memorandum of understanding (MOU) to explore the development of a Web3-enabled payments infrastructure across Asia.

Blockchain is no longer living on the fringes of the economy and is making a major step into the core of how global companies operate. The next phase of Web3 will not just integrate with daily life but decide who controls the value created by our data and participation.

Animoca Brands and Provenance Blockchain Labs (ProvLabs), announced Thursday they have formed a strategic partnership to co-develop NUVA, a vault marketplace that connects real-world asset (RWA) issuers with investors.

As blockchain technology matures and becomes more user-friendly, its adoption in fantasy sports gaming will accelerate. NFTs will continue to play a pivotal role, with fans enjoying digital collectables and keeping connected with the sports they love. In the future, this will involve newer features and use cases, such as player-owned teams, tokenised…

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has partnered with HashKey Group, a Hong Kong-based digital asset financial services group in Asia, to accelerate Web3 innovation and drive business growth.

The company has also appointed Omar Elassar as managing director for the Middle East and head of global strategic partnerships.

OneInfinity by OneDegree, the Hong Kong-based provider of digital asset insurance and risk management solutions, has announced a strategic partnership with SlowMist, the China-based blockchain security firm, to enhance Web3 security and insurance solutions for the digital asset ecosystem.

Ficus Capital, a Malaysia-based environmental, social, and governance (ESG) Islamic-compliant venture capital firm, announced Tuesday its strategic investment of $430,000 in Morpheus Labs, an artificial intelligence (AI)-powered Web3 implementation platform based in Singapore, as it initiates its Pre-A Funding round.

Hong Kong-based Animoca Brands flagship project for chain-agnostic digital identity infrastructure for the open internet Moca Network has partnered South Korean information and communications technology platform SK Planet to launch OKI Club, a premium membership program that integrates Web3 technology into SK Planet's OK Cashbag app, which is South Korea's…