Blockchain
HashKey Capital Raises US$500M for Third Web3.0 Fund
HashKey Capital, a global asset manager specialising in crypto and blockchain, has closed its third fund with a commitment of US$500 million. The HashKey Fintech Investment Fund III is backed by institutional investors including sovereign wealth funds, corporations, and family
Read MoreMatrixport Partners With Chainalysis to Step up Its Compliance Capabilities
Singapore-based crypto lender Matrixport will be leveraging Chainalysis’ blockchain data platform to step up its compliance capabilities, support anti-fraud protocols and monitor risk. Through this partnership, Matrixport will be able to monitor its cryptocurrency assets to detect patterns of high-risk
Read MoreChainUp Group Names Former OneConnect Financial Technology CEO as Deputy CEO
Global blockchain technology solutions provider ChainUp Group announced today the appointment of Tan Bin Ru as part of their executive team. She will be holding dual roles of Deputy Chief Executive Officer and Chief Operating officer. In this role, Tan
Read MoreCan Bitcoin Be a Financial Lifeline for Economies in Crisis?
Bitcoin, the world’s first and most widely-recognized cryptocurrency, has gained a reputation for being a volatile and risky investment. However, in certain economies around the world, Bitcoin is being embraced as a useful tool that is allowing for financial stability
Read MoreCGS-CIMB’s High-Net-Worth Investors Now Have Access to All ADDX Products
Securities brokerage CGS-CIMB Singapore’s individual accredited investors will now have access to private market exchange ADDX’s offerings. These offerings include private equity, private credit, venture capital, hedge funds, real estate, fixed-income products like bonds and commercial papers, as well as
Read MoreAlibaba Cloud to Launch the Blockchain Node Service to Bolster Web3.0 Growth
Alibaba Cloud announced that it will be launching the Blockchain Node Service in the first quarter of 2023. The new Platform as a service (PaaS) aims to aid developers by reducing operational and maintenance time while they are building and
Read MoreIndonesia’s Digital Rupiah Game Plan: Everything You Need to Know
Bank Indonesia announced the country’s very own central bank digital currency (CBDC), named the “digital rupiah,” to move forward with the country’s initiative of “advanced digital transformation.” Dubbed “Project Garuda,” named after Indonesia’s legendary bird, Bank Sentral Republik Indonesia or
Read MoreADDX Fractionalises UOB and Temasek’s Venture Debt Fund to US$20,000
Global private market exchange ADDX announced that it has fractionalised a venture debt fund by Innoven Capital which is a joint venture between a Temasek Holdings‘ subsidiary Seviora and UOB. This move brings down the minimum subscription size for individual
Read More35 Asian Nations Are Developing CBDCs – Here’s Where They Stand
Economies worldwide are increasingly considering the viability of a digitised national currency, most commonly referred to now as a Central Bank Digital Currency, or CBDC. Eleven countries have already launched their CBDCs, but none in Asia yet. There are currently 35
Read MoreApplications Are Now Open for the Singapore Blockchain Innovation Challenge 2022
The Singapore Blockchain Innovation Programme (SBIP) has announced the launch of the Singapore Blockchain Innovation Challenge 2022 hackathon. SBIP is an initiative funded by the National Research Foundation (NRF) and supported by Infocomm Media Development Authority (IMDA), Enterprise Singapore (ESG),
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