Web3

CIFDAQ COO Jay Hao shares insights on capital raising for Web3 startups

The #Web3 landscape is unforgiving to startups that cannot translate capital into meaningful progress. Success demands more than a compelling pitch or an impressive funding round—it requires relentless execution, strategic talent acquisition, and an unwavering commitment to the original mission.

Hong Kong’s ZA Bank becomes Asia’s first bank to offer crypto trading services for retail users

Global crypto demand is skyrocketing, with users reaching 560 million by mid-2024 — a 30 percent year-on-year increase. Crypto market capitalisation has surged nearly 90 percent, surpassing $2.3 trillion. Bitcoin hit record highs following the US presidential election, driven by expectations of crypto-friendly policies from the new Congress.

Hong Kong’s Animoca Brands makes strategic investment in Pudgy Penguins’ parent company Igloo, Inc.

The investment expresses Animoca Brands' belief in the transformative power of consumer crypto and its confidence in the growth potential of Pudgy Penguins, one of the leading NFT-based intellectual properties, and in Abstract, the blockchain that Igloo, Inc. contributes to and that is characterized by its emphasis on direct distribution for consumer…

Putting your trust in DeFi: A new foundation for better institutional investments

Building trust and safety is the cornerstone of DeFi’s evolution into a sector capable of supporting institutional investment. Lessons from Web2 fintech platforms reveal that prioritizing accessibility, versatility, and risk management are crucial to success. #DeFi protocols can adopt these principles while leveraging decentralized governance, smart…

Streamlining service: Addressing barriers to Web3 adoption among new users

Platforms that lower entry barriers allow investors to promote a more inclusive and accessible Web3 ecosystem. By prioritizing technologies that simplify user experiences, investors can drive adoption and help shape the future of decentralized technology. Investing in platforms that demystify #Web3 is more than a financial decision; it’s a chance to be part…

Web3 gaming platform Eragon eyes expansion in the Philippines

With headquarters in Vietnam and registration in Singapore, Eragon views the Philippines as a key market for its next phase of growth. The country’s vibrant gaming community, combined with its accelerating adoption of blockchain technologies, positions it as an ideal destination for expansion.

AppWorks partners with Google Cloud to support next generation of AI & Web3 startups across Greater Southeast Asia

AppWorks has contributed to the success of the frontier startups in Taiwan and Southeast Asia such as 91APP, 17LIVE, ShopBack, Cubo.ai and Instill AI. The partnership with Google Cloud will further support early stage startups as they grow and scale.

HashKey Global partners OneInfinity by OneDegree to bolster Web3 and cybersecurity landscapes

Hong Kong-based digital asset exchange HashKey Global and OneInfinity by OneDegree, a cybersecurity and insurance provider, have on Tuesday announced a strategic partnership aimed at strengthening the Web3 and cybersecurity realms.

Animoca Brands raises additional $10M for Mocaverse with participation by OKX Ventures, CMCC Global, Hong Shan

Hong Kong-based gaming firm Animoca Brands Corporation Limited has on Tuesday announced an additional tranche of funding of $10 million for its flagship project Mocaverse.

Should we decentralize everything? Here’s what industry leaders actually think

Is the wholesale rush toward decentralization justified? Or are we, as an industry, seeking distributed solutions for problems that don't necessarily require them?