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BLOCKCHAIN

OneBalance Secures $20 Million in Series A Funding to Advance Multichain API Solutions

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OneBalance

London, UK: OneBalance, a pioneering framework enabling seamless multichain account management through chain abstraction, gas abstraction, and permission management, has successfully raised $20 million in a Series A funding round. The funding was co-led by cyber•Fund and Blockchain Capital, with additional participation from Mirana Ventures and L2IV. This investment follows OneBalance’s $5 million Angel and … Read more

SMU Secures Landmark $1 Million Gift from Aptos Foundation to Establish SMU’s First Professorship in Blockchain

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The Singapore Management University (SMU) has secured a landmark $1 million gift from Aptos Foundation, marking its largest philanthropic investment in higher education and establishing SMU’s first Professorship in Blockchain. This transformative partnership not only advances SMU’s leadership in blockchain education and research but also solidifies Singapore’s position as a global blockchain innovation hub. The endowed professorship, a first for SMU, will drive thought leadership, cutting-edge … Read more

BitSave Secures Pre-Series A Funding Led by Leo Capital to Enhance Crypto Investment Platform

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Bengaluru-based crypto investment platform BitSave has successfully raised an undisclosed amount in its pre-Series A funding round, led by venture capital firm Leo Capital. The fresh capital will support BitSave’s efforts to secure regulatory licenses, enhance its product offerings, and boost brand awareness, positioning the company for rapid growth in the crypto investment space. Focus … Read more

“Web3, Blockchain set to be key contributors to India’s future GDP growth,” say India’s top tech experts

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Web3, supported by underlying blockchain technology, has been pursued by the global industry in many sectors such as FinTech, as well as by government bodies, to promote safe, secure, and well-documented transactions in real estate, among others. India, at the forefront of various IT sectors, has been actively pursuing this amazing technology for the past … Read more

Matrix Partners India Leads $4M Funding Round for Blockchain Supply Chain Platform Emtech

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Investment firm Matrix Partners India has led a $4 million seed funding round for New York-based Emtech, a fintech company focused on modernizing central banks for financial inclusion and resilience. Other investors in this round include BTN, VestedWorld, Equity Alliance, and Lofty. Emtech will use the newly acquired funds to further develop its infrastructure tools … Read more

Crypto Fantasy GameFi, Kandle, Raises $1.7 Mn in Seed Funding

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Kandle.xyz, an exciting crypto fantasy GameFi project hailing from Singapore, has recently announced the successful closing of a USD 1.7 million seed round, with Saama leading the investment. The funding injection will be utilized to further develop the platform and expand its user base, with a special focus on their flagship product, ‘Crypto Fantasy Leagues.’ … Read more

Blockchain Founders Fund Receives Backing from Octava

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Blockchain Founders Fund , a venture capital fund that focuses on early-stage Web3 startups globally has received funding from Octava Digital Assets, the digital asset team of the Singapore-based family office Octava which invests across the spectrum from seed to publicly traded cryptocurrencies. Octava joins the lineup of distinguished investors of BFF including Shima Capital, NEO Global Capital (NGC), Tsangs Group, Baksh Capital, … Read more

Polygon Partners With Blockchain Founders Fund to Empower Web3 Entrepreneurs

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Blockchain Founders Fund (BFF), a Singapore-based Venture Capital Fund that focuses on early-stage Web3 and blockchain startups globally, today announces that Polygon, an Ethereum scaling platform onboarding millions to Web3, has made a strategic investment into their Fund II to diversify the company’s holdings and advance the mainstream adoption of blockchain technology. Blockchain Founders Fund boasts an … Read more

Blockchain-based data privacy firm VeriSmart acquires AI communication platform DolphinChat

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Blockchain-based Data Exchange Platform, VeriSmart has announced the acquisition of Delhi-based Conversational AI platform, DolphinChat (Formerly CivilCops). VeriSmart will be investing Four million US Dollars in the DolphinChat platform over the next 24 months. DolphinChat’s core team will be joining VeriSmart. “DolphinChat platform will get access to millions of consumers that are part of VeriSmart’s industry … Read more

Inery Blockchain Closes Strategic Partnership and Investment with Truth Ventures Fund

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Inery, a Decentralized Data System, has announced a partnership and an investment coming from Truth Ventures, uniting two companies on their path to streamline decentralized database adoption. Inery takes a different approach to decentralizing data and data management for both Web2 and Web3 companies, while streamlining the shift to the decentralized web. Its security, scalability features, … Read more

KuCoin announces $10 mn strategic investment from SIG

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Susquehanna International Group (SIG), one of the largest quantitative trading firms, has made a strategic investment in KuCoin, a global cryptocurrency exchange. Aside from a 10-million-dollar investment, the two parties will collaborate on blockchain startup incubation and the development of the KCS and KCC ecosystems. KuCoin will use the funds to improve platform infrastructure and … Read more

Blockchain gaming site Haste Arcade raises $1.5M in oversubscribed fundraising round

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Haste Arcade has just closed its $1.5 million seed round. The fundraising was oversubscribed, Haste was able to exceed the $1 million target that it had set for itself. “We were originally seeking $1MM to lay a good solid foundation for the product/vision and then have some working capital to start testing our assumptions around product/market fit, specifically with … Read more

Coins.ph Partners with Fireblocks to Enhance Security for Crypto Asset Management

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Coins.ph, the Philippines’ leading fiat and crypto wallet services provider, announced today that it has partnered with the award-winning provider of digital asset and crypto technology, Fireblocks, integrating Fireblocks’ custody management into Coins.ph’s platform, maximizing users’ security in crypto operations and storage. Leveraging Fireblock’s latest MPC-based solutions, Coins.ph is able to improve the security, efficiency, … Read more

Bit.Store and Qtum, Marching Towards Internationalization

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QTUM, an open-source public blockchain platform, will be partnering with global digital asset investment platform Bit.Store. As per the partnership, Qtum will access the payment ecosystem of Bit.Store, while Bit.Store will incorporate the QTUM token into the platform system. Bit.Store has accumulated hundreds of thousands of users and is popular in the Southeast Asian market. … Read more

Fortis Digital Ventures raises $100 million funds focused on altcoins

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Fortis Digital Ventures is raising $100 million for an altcoin-focused digital assets fund. The fund attempts to bridge the gap between traditional and decentralised finance, according to a statement provided with CoinDesk by the company. Fortis Digital Ventures was founded by the managing partners of Fortis Financial Group, a Seattle-based investment firm with over $250 … Read more

Bollywood actress Sonam Kapoor invested undisclosed amount in Blockchain-based game MechaFightClub

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Sonam Kapoor, a Bollywood actress, has invested an unknown sum in online gaming firm Irreverent Labs’ blockchain-based game MechaFightClub (MFC). According to the US-based firm, MechaFightClub is a metaverse gaming platform with each character in the game being an individually unique, artificially intelligent non-player-character (NPC) living on blockchain as an NFT. Irreverent Labs, founded in … Read more