PRESS RELEASE. LBank Labs, a prominent player in the blockchain and cryptocurrency space, is excited to announce its investment in Navi Protocol, an inaugural Native One-Stop Liquidity Protocol on Sui, offering users opportunities as liquidity providers or borrowers within the Sui Ecosystem. LBank Labs joins other notable investors such as OKX Ventures, DAO5, and Hashed […]
On Monday, Tether, the leading issuer of stablecoins, revealed its role as the lead investor in the Series A funding round of mobile payment startup Oobit, which successfully garnered $ 25 million. The investment round saw contributions from notable entities such as Titan Fund, Solana’s Anatoly Yakovenko, and 468 Capital. Oobit Secures $ …
PRESS RELEASE. Hong Kong, 1 February 2024 – KIP Protocol, the Web3 base layer for artificial intelligence (AI), has successfully closed its strategic funding round led by Animoca Ventures. KIP Protocol builds secure and gas-efficient Web3 infrastructure that makes it possible for AI creators – whether app developers, model makers or data owners – to: […]
PRESS RELEASE. Dubai, UAE — TOKEN2049, the leading global Web3 and crypto conference series, has unveiled the initial speaker lineup for its inaugural Dubai edition, which will be taking place from 18-19 April 2024. The first round of the event’s speaker lineup has been made public. The list includes Paolo Ardoino, CEO of Tether; Sandeep […]
Axiom announced a $ 20 million Series A funding round led by Paradigm and Standard Crypto. The company’s approach uses zero-knowledge cryptography to provide a more efficient and cost-effective method for smart contract developers to access and use on-chain data. Axiom Secures $ 20 Million in Series A Funding to Enhance Smart Contract …
Sygnum Bank has outperformed its funding expectations in a strategic growth round. The company’s focus now shifts to global expansion and further development of its regulated digital asset products. Sygnum Surges Past Funding Goals, Reaching $ 900 Million Valuation in Latest Round Digital asset bank Sygnum has announced the successful interim close of its …
The Nigerian crypto startup revealed on Jan. 16 that the firm had closed a $ 2.3 million strategic fund to finance the acquisition of operating licenses from different African regulators. Canza Finance said it hopes the new licenses and the defi platform will help it achieve its goal of lowering the cost of doing …
Line Next, a subsidiary of Line Corporation, said on Dec. 13 that it has secured a $ 140 million investment in a funding round led by the Peter Thiel-sponsored Crescendo Equity Partners. Line Next has said it will use the capital raised to fund the expansion of its global business and develop new services. …
PRESS RELEASE. Rebel Satoshi, the meme coin on a community-driven mission to unite the silent majority and secure a $ 100 million market cap, has smashed through its first two fundraising rounds and attracted $ 500,000 since November 5th. The Early Bird Round sold out in 3 weeks with Rebels Round 1 selling …
Blockchain.com, a cryptocurrency enterprise offering a digital asset exchange, a blockchain explorer, and a non-custodial wallet, has recently secured $ 110 million in a Series E funding round spearheaded by Kingsway. Despite this successful funding round, Blockchain.com’s post-valuation reportedly stands at less than half of its value estimated in 2022. Investors Inject $ …
Blockchain forensics firm Chainalysis is shedding a chunk of its workforce, the second time it’s doing so within this year. The news comes in a difficult period for the whole industry which saw a number of such moves in 2023, against the backdrop of a persistent bear market and increased regulatory pressure. Crypto Analytics Company […]
An Africa-focused remittances platform, Lemfi, recently said it has raised $ 33 million in a Series A round led by Left Lane Capital. Lemfi said it will use the capital raise to “expand its product offering to the United States, Europe, the Middle East, and Asia.” Making Remittances Less Complicated Lemfi, an Africa-focused remittances …
Moneyfellows, an Egyptian fintech startup specializing in digitizing money circles, recently announced the close of its Series B funding round that raised $ 31 million. The funds will be used to finance Moneyfellows’ expansion into other markets as well as accelerate the fintech’s growth. Diversifying Moneyfellows’ Portfolio Egyptian fintech startup Moneyfellows recently revealed …
The Uganda-based digital lending fintech startup, Numida, has said it will start offering its services to micro, small, and medium-sized enterprises in other African countries. Numida’s plans to offer its services to businesses beyond Uganda’s borders came shortly after it was announced that the startup had raised a total of $ 12.3 million …
press release PRESS RELEASE. ATLANTA, June 7, 2022 – Ledgible, the leading professional-first crypto tax and accounting platform, today announced $ 20 million in funding for its Series A Round led by EJF Capital LLC (“EJFâ€) through its affiliate, the EJF Silvergate Ventures Fund. Joining the round are JAM FINTOP, Thomson Reuters Ventures, …