Tagged: blockchain

Malaysia: MYEG and Beitou IT Innovation Launch Digital Identity Verification on Zetrix Blockchain

Malaysia’s e-government service provider, MY E.G. Services Berhad (MYEG), is joining forces with China’s state-owned Guangxi Beitou IT Innovation Technology Investment Group Co., Ltd. (Beitou IT Innovation) to pioneer an international digital identity credentials service using the Zetrix blockchain. Unveiled at the recent China-ASEAN Expo… Read More

ADDX to Extend Its Blockchain-Enabled Investment Platform to GCC, MENA Regions

ADDX, the Singapore-based private market exchange, revealed plans to venture into the Gulf Cooperation Council (GCC) and Middle East/North Africa (MENA) regions. This strategic move aims to enhance the efficient allocation of growth capital and bridge the existing gap between private entities in need of… Read More

Raleon Raises $3.8m to Boost Web3 Marketing Engagement and Retention Platform

Raleon, a North Carolina-based Web3 engagement platform, has announced raising $3.8 million in a Seed funding round anchored by Blockchange Ventures, a venture capital (VC) firm that invests in early-stage blockchain companies, protocols, and applications. The funding round also saw participation from gaming-focused VC Play… Read More

DLT Adoption: Orbital Secures £5M to Help Firms Realize Potential of Blockchain Payments

Orbital, the London, Tallinn and Gibraltar-based traditional finance and crypto payments platform for global enterprises, has raised £5M ($6.4M) in “an oversubscribed growth round led by Golden Record Ventures, at an attractive valuation in which the founders are maintaining a large majority.” Participants in the… Read More

WeOwn Blockchain Announces New Cross-Chain Asset Interoperability

WeOwn has announced new cross-chain asset interoperability. WeOwn is a blockchain technology provider that targets the lending and equity capital space. Among other services, it aims to allow firms to raise capital via a digital securities or securities token offering. WeOwn is based in Munich,… Read More

Quadrata Launches Web3 Passport

  Quadrata, a passport network bringing the identity and compliance layer to DeFi applications on existing public blockchains, this week launched their Web3 passport. The Quadrata Passport allows network participants to build DeFi applications, expand financial services and leverage the proprietary technology to initially access… Read More

Okcoin, Stacks, Combine to Launch $165M Bitcoin-Focused VC Program

Okcoin, a cryptocurrency platform, along with the Stacks Accelerator and Stacks Foundation, today announced the launch of the Bitcoin Odyssey, a year-long pledge among venture firms to deploy $165 million collectively into solutions for accelerating bitcoin adoption. The participating firms—which include Digital Currency Group, GSR,… Read More

Chainalysis Unveils Pair of Blockchain-Based Tools

Chainalysis, a blockchain data platform, today announced the accelerated launch of two sanctions screening tools – an on-chain oracle available today and an API expected to launch next month – for the cryptocurrency industry free of charge. As countries around the world continue to leverage economic sanctions… Read More

Immutable Welcomes $200M Series C, Adds Quartet of Executives

Immutable, a carbon-neutral, scalable platform for trading NFTs on Ethereum, this week announced it secured $200 million in Series C financing led by Temasek, with investments from Animoca Brands and Tencent, bringing its valuation to $2.5 billion. ParaFi Capital, Princeville Capital, Arrington Capital, Mirae Asset and Liberty Global also… Read More

Wirex, Paraswap Join Together to Expand Wirex Wallet Capability

Crypto platform Wirex has partnered with DEX aggregator Paraswap, the companies announced today. Using Paraswap’s price algorithm, Wirex Wallet users will now be able to exchange multiple tokens, saving users large amounts of money and effort. The Paraswap integration will enable users to swap their… Read More

Are DAOs the Future of Venture Capital in Blockchain? Hatu Sheikh Sees a Place for Them

All venture capital is not created equal, especially when it flows into newer areas of technology such as blockchain, DAO Maker co-founder and CSO Hatu Sheikh cautions. DAO Maker creates growth technologies and funding frameworks for startups, while simultaneously reducing risks for investors. Sheikh said… Read More

Tenderly Welcomes $40M Series B to Grow Web3 Offerings

Tenderly, a blockchain development platform for Web3 developers, today announced $40 million in Series B funding, bringing its total raised to $58.6 million. This latest round was led by Spark Capital, with additional participation from existing investors Accel and Point Nine Capital. Other investors include… Read More

BSV Blockchain Global Advisory Members Announced

The BSV blockchain’s Switzerland-based industry association this week announced the formation of a BSV Blockchain Global Advisory Council. The council brings together senior professionals and thought leaders from diverse industries who support the growth of blockchain technology. While they may be blockchain-agnostic, council members will advise… Read More

InfStones $33M Series B to Expand Node Support to 100+ Protocols

Blockchain infrastructure provider InfStones today announced the close of $33 million in Series B financing from Susquehanna International Group (SIG), Dragonfly Capital, Qiming Venture Partners, DHVC, A&T, INCE Capital, and Value Internet Fund. InfStones previously raised $12 million in seed and Series A financing, bringing the company’s total funding… Read More

HashKey Group Closes $360M Blockchain-Focused Fund

HashKey Group, a digital asset financial services group in Asia, announced its asset management subsidiary has completed an initial closing of its new fund in December 2021 with commitments of US $360 million. The newly raised capital will be used to fund entrepreneurs and startups… Read More

Cardano to Reach $2 This Year, Predicts deVere Group CEO

Cardano, a rival cryptocurrency to Ethereum, is likely to hit all-time highs of $2 before the end of 2022, predicts deVere Group CEO Nigel Green. The bullish guess comes as Cardano (ADA), the fifth-largest crypto, has jumped by almost 50 per cent in seven days… Read More

Folks Finance, a Capital Markets Protocol, Closes Successful $3M Seed Round

Folks Finance, a capital markets protocol for borrowing and lending built on the top of the Algorand blockchain, today announced the closing of its $3 million seed funding round, led by Borderless Capital with participation from a group including Jump Crypto, ParaFi Capital, Coinbase Ventures,… Read More

Digital Assets: Tokeny CEO Envisions Bright Future for Asset Tokenization in 2022 and Beyond

  Like many Fintech entrepreneurs, Tokeny CEO Luc Falempin, was immediately excited when he read the Bitcoin whitepaper, so much that he devoted his career to using blockchain technology to make financial markets available to everyone. A few years later, Falempin is well on his… Read More

Blockchain Network Archethic Launches Tool-Based Web Portal

Archethic, a blockchain network, has launched the Archethic Lab web portal, featuring a series of tools that help users and developers to join the project’s ecosystem. The website contains links to the platform’s testnet and mainnet beta, regular video tech updates, and all the tools… Read More

Mavryk Finance Added to Draper, Goren Holm Stable

Blockchain venture studio Draper Goren Holm recently announced an investment in Mavryk Finance, a decentralized, non-custodial, community-governed platform. Mavryk Finance allows users to borrow, earn, and unlock the world from legacy financial systems. “We’re thrilled to welcome Mavryk Finance into our family as Alex Davis… Read More

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