PRESS RELEASE. Web3 game studio Qooverse has secured pre-seed funding in a round led by VC firm Paper Ventures, followed by Animoca Brands, Merit Circle, and notable angels in the industry. Founded by a creative team whose professional background includes time at Tencent and Goldman Sachs, Qooverse is developing an ecosystem of mid-core and casual […]
Vanilla Finance Closes Pre Seed Investment Round led by UOB Ventures, Paper Ventures & ABCDE Labs
PRESS RELEASE. Singapore, November 26th, 2024 – Vanilla Finance, the #1 exchange by trading volume on Telegram, today announced the successful closure of their Pre-Seed investment round led by Paper Ventures, UOB Ventures, & ABCDE Labs among other top tier ventures and investors, including HTX Ventures, Ocular, Openspace, Y2 Ventures, Signum Capital and angel investors […]
Gate Ventures, Abu Dhabi Blockchain Center Launch $100M Innovation Fund
Gate Ventures (crypto exchange Gate.io’s VC arm) and Abu Dhabi Blockchain Center partnered to launch Falcon Gate Ventures, a $ 100 million fund supporting Web3 innovation. The fund aims to stimulate global Web3 growth and solidify the United Arab Emirates’ position as a digital economy hub. The collaboration will leverage expertise from both parties …
Coinbase Ventures Into Australia’s $600 Billion Pension Market With Tailored Crypto Services
Coinbase, the largest US crypto exchange, is planning to tap into Australia’s $ 600 billion self-managed pension sector, according to a Bloomberg report. The company is developing a service tailored for this sector, aiming to cater to the growing interest in crypto investments among self-managed funds. This move comes amidst a significant increase in …
Crypto Derivatives Exchange Bitmex Ventures Into Options Trading
On Wednesday, the cryptocurrency exchange and derivatives trading platform Bitmex declared its introduction of new trading options. Users now have the opportunity to engage in a broad selection of crypto options, which are margined in bitcoin, USDT, or USDC. Bitmex Introduces Options Trading On Wednesday, the crypto firm Bitmex, established in 2014 by Arthur Hayes, […]
Germany’s Largest Federal Lender LBBW Ventures Into Crypto Custody, Targets Mid-2024 Launch
Landesbank Baden-Württemberg (LBBW), Germany’s largest federal bank, has announced plans to offer crypto custody services later in the year. LBBW revealed its collaboration with Bitpanda, based in Austria, and stated that it will begin these services focusing on bitcoin and ethereum, the top two cryptocurrencies by market capitalization. LBBW and Bitpanda Collaborate to Offer Bitcoin […]
GDA Capital (GDA) Ventures Into the Future of Influencer Marketing, Backs Chirpley as a Key Venture Capital Partner with International Distribution Support
PRESS RELEASE. Toronto, March 27th — GDA Capital, a prominent player in the digital innovation landscape, proudly announces its strategic move into the realm of influencer marketing by becoming a strategic backer for Chirpley, a groundbreaking influencer marketplace. The partnership includes GDA’s commitment to supporting Chirpley in the distribution of its platform, through GDA’s international […]
GTA Token Rises to Prominence with Explosive Growth and Innovative Ventures
PRESS RELEASE. In a remarkable feat of growth, GTA Token has surged an astonishing 200x within the span of just one month since its inception, catapulting it to the TOP-1 spot for several consecutive weeks in the category of best assets on both Arbitrum and SushiSwap. The project’s remarkable journey is vividly illustrated through screenshots […]
LBank Labs Announces Strategic Investment in Navi Protocol, Joining OKX Ventures, DAO5, and Hashed in $2M Funding Round
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 […]
KIP Protocol Closes Strategic Funding Round Led by Animoca Ventures
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: […]
New Web3 and Blockchain Focused VC Fund, Paper Ventures, Launched With Initial Capital of $25 Million
Paper Ventures, a new blockchain venture capital (VC) fund focused on early-stage Web3 and blockchain projects, has been launched with an initial fund of $ 25 million. The fund, founded by experienced venture capitalists, will not only invest in outstanding projects but will help nurture them. New Fund Backed by Leading Industry Figures A …
Foresight Ventures Acquires Majority Stake in The Block
Foresight Ventures, a Singaporean Web3 VC firm, has announced it acquired a majority stake in The Block, a cryptocurrency-focused news outlet. The deal, which values The Block at around $ 70 million, will allow the news platform to purchase the stake belonging to former CEO Mike McCaffrey, who had received funding secretly from Alameda …
Standard Chartered’s SC Ventures Partners With SBI to Establish Digital Asset Joint Venture in UAE
Standard Chartered’s ventures arm, SC Ventures, and Japanese conglomerate SBI Holdings are collaborating to establish a digital asset joint venture in the United Arab Emirates (UAE). “The joint venture will focus on investing in companies across the digital assets spectrum including market infrastructure, risk and compliance tools, defi, tokenization, consumer payments, and the metaverse,” SC […]
Decentralized Exchange Sushi Ventures Beyond Ethereum by Expanding to AptosÂ
The decentralized crypto exchange Sushi is expanding to the Aptos blockchain. The team noted that the move marks Sushi’s first expansion onto a non-EVM blockchain. From Ethereum to Aptos Sushi is a decentralized exchange (dex) and automated market maker (AMM) built on the Ethereum blockchain. It allows users to trade crypto assets and provide liquidity […]
How Foresight Ventures Is Approaching Investments in the Current Market Environment
The Foresight Ventures founding and partnership team includes veterans of some of the top financial and technology firms dedicated to sourcing and supporting the next generation of disruptive innovations across Web3. They believe the future is multi-chain and thus the chains that find product market fit will all need partners to help expand their …