Blockchain

True Global Ventures Closes US$146 Million Fund for Late Stage Web3 Startups

Venture capital firm True Global Ventures (TGV) announced the first closure of its US$146 million follow on fund that will focus on global blockchain startups in 20 cities in North America, Europe and Asia. The fund is dedicated to Web3

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Huobi Global Launches New Blockchain Investment Arm Ivy Blocks

Digital asset exchange Huobi Global announced the launch of Ivy Blocks, its new DeFi and web 3.0 blockchain ecosystem investment arm. Ivy Blocks will focus on identifying and investing in promising blockchain projects to help unlock their growth potential with

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Web3 Payments Startup Request Finance Raises US$5.5 Million Seed Funding

Request Finance, a Web3 enterprise crypto payments startup, announced that it has closed a US$5.5 million in a seed funding round. Participants of the fundraise include metaverse company Animoca Brands, Europe’s early-stage venture capital investor Balderton Capital, and XAnge. The

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ADDX Now Recognises Crypto Assets When Onboarding Accredited Investors

Private market exchange ADDX announced that it now recognises cryptocurrency assets for the purposes of onboarding accredited investors to pave the way for more individuals to qualify as one. They can thereby participate in more sophisticated investment opportunities in the

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Binance Labs Invests in PancakeSwap’s Token CAKE

Binance Labs, the venture capital and incubation arm of Binance, has invested an undisclosed sum in PancakeSwap’s utility and governance token CAKE. PancakeSwap is a decentralised exchange built on BNB Chain and has daily active users of over 400,000 since

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Binance Labs Closes US$500 Million Fund to Drive Adoption of Web3, Blockchain

Binance Labs, the venture capital and incubation arm of cryptocurrency exchange Binance, announced the closing of a new US$500 million investment fund. The fund is supported by global institutional investors such as DST Global Partners, and Breyer Capital. Other major

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MAS Launches Project Guardian to Pilot Use Cases in Digital Assets

The Monetary Authority of Singapore (MAS) announced the launch of Project Guardian, a collaborative initiative that seeks to explore the economic potential and value-adding use cases of asset tokenisation. Project Guardian will test the feasibility of applications in asset tokenisation

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MAS’ Global Fintech Hackcelerator for 2022 Highlights Web 3.0 and Green Finance

The Monetary Authority of Singapore (MAS) has launched the 7th edition of the Global Fintech Hackcelerator, with the theme “Accelerating A Greener Digital Future”. The competition, powered by Oliver Wyman, seeks to leverage the potential of fintech in accelerating the

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ADDX Raises US$58 Million, Thai Stock Exchange and UOB Are Now Shareholders

Singapore Exchange-backed private market platform ADDX has raised US$58 million in a Pre-Series B funding round, bringing its total funds raised to around US$120 million. The fundraise saw several financial institutions come on board as new shareholders. This includes SET

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STACS Officially Launches ESGpedia Powering MAS’ ESG Registry

Hashstacs (STACS), a blockchain-based fintech firm focused on Environmental, Social, and Governance (ESG), has developed and officially launched its ESGpedia registry platform. ESGpedia aims to improve sustainability data quality to support more effective sustainable finance. The registry was launched with

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