Web3

True Global Ventures invests a total of $38M in Hong Kong’s Animoca Brands

The True Global Ventures (TGV) 4 Plus Fund and Follow On Fund have invested in total $38 million including $16 million of secondaries into Hong Kong-based Web 3 firm Animoca Brands during the second quarter and third quarter of 2022.

Indonesia’s SerMorpheus raises $2.5M Seed fund led by Intudo Ventures

SerMorpheus, an Indonesia-based web3 brand-retailer enabler, announced Thursday the completion of a $2.5 million seed round of financing led by Intudo Ventures. The round also saw participation from 500 Global, Febe Ventures, AlphaLab Capital, BRI Ventures, and Caballeros Capital.

Why Ethereum Merge will be game-changing for DeFi and crypto investing

Ethereum post-Merge will be much more attractive to institutional investors keen on ESG and earning stable yields, writes Wei Zhou of Coins.ph. Here’s why.

Singapore’s Playground closes pre-seed round co-led by East Ventures and Mirana

Playground, a Singapore-based platform dedicated to Web3 Gaming and non-fungible token (NFT) discovery, announced Tuesday the completion of its oversubscribed pre-seed funding round co-led by East Ventures and Mirana Ventures.

Singapore’s Silence Laboratories raises $1.7M seed funding led by Pi Ventures

Silence Laboratories, a web3 focused cybersecurity startup headquartered in Singapore, said Thursday it has closed a $1.7 million round in a seed funding, led by Pi Ventures. The round also included participation from web3 centric funds such as imToken ventures and prominent angels like Daniel Ari Friedman, Mahin Gupta, CK Vishwakarma, Priyeshu Garg, Ashish…

The rise of Web3: Asia Pacific expected to grow at fastest rate

In line with the rapid growth and interest in Web3, TechNode Global has introduced a category “Web 3 Disruptors” in the third edition of ORIGIN Innovation Awards.

Animoca Brands Japan raises $45M from MUFG and Animoca Brands to grow Web3 business

Animoca Brands KK (Animoca Brands Japan), a strategic subsidiary of Animoca Brands Corporation Limited focusing on cooperative partnerships in Japan for non-fungible token (NFT)-related business opportunities, announced Friday that it has raised a total of $45 million from MUFG Bank, Ltd. (MUFG) and Animoca Brands Corporation Limited valuing the company at…

Singapore’s Safeheron raises $7M Series Pre-A funding led by Yunqi Partners and Web3Vision

Safeheron, a Singapore-based self-custody solution provider, is announcing $7 million in Pre-A funding co-led by Yunqi Partners and Web3Vision.The round also saw participation from PrimeBlock Ventures, M77 Ventures, ShataCapital, Kryptos, Antalpha Ventures, Waterdrip Capital, 7 O’CLOCK CAPITAL, Rokid’s Founder Misa Zhu, and Fan Zhang, the former co-founder…

Icetea Labs, Polygon and Alpha Venture DAO announce inaugural Web3 accelerator program for SEA region

Web3 leading incubator Icetea Labs announced Monday the creation of its inaugural Web3 accelerator program in conjunction with Polygon, one of the top blockchain development platforms offering scalable and sustainable blockchains and Alpha Venture DAO, the leading Web3 venture builder and incubator in Southeast Asia.

What causes meme coins to have their parabolic runs?

While many such coins fade from the public eye eventually, the meteoric price runs of some begs the question: just what factors contribute toward a meme coin’s success?