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South African Crypto Asset Marketplace Initiates $1.64 Million Capital Raise

South African Crypto Asset Marketplace Initiates .64 Million Capital RaiseThe South African decentralized cross-asset marketplace Mesh.trade has facilitated a $1.64 million (ZAR30 million) capital raise for a reverse mortgage provider. The capital raise allows the provider to offer homeowners the potential for lucrative returns while they remain in their homes. Regulated Alternative Capital Raising Platform The decentralized cross-asset marketplace, Mesh.trade, recently launched a $1.64 […]

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Cleartoken Secures $10M in Funding to Pioneer UK’s First Digital Asset Clearing House

Cleartoken Secures M in Funding to Pioneer UK’s First Digital Asset Clearing HouseOn Monday, the crypto clearing house startup Cleartoken revealed that it raised $10 million from strategic investors including Nomura’s Laser Digital, Flow Traders, and LMAX Digital. Cleartoken Nets $10M to Launch U.K. Digital Asset Clearing Services The horizontal clearing house for the digital asset market, Cleartoken, revealed that it’s raised $10 million in order to […]

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Analog Secures $16 Million for Web3 Interoperability Boost, Launches Cross-Chain Partnership Program

Analog Secures  Million for Web3 Interoperability Boost, Launches Cross-Chain Partnership ProgramOn Monday, the Web3 blockchain interoperability platform Analog announced the team has raised $16 million in a funding round from a wide array of venture capitalists and firms including Balaji Srinivasan, Tribe Capital, and Wintermute. Furthermore, Analog has launched its Launch Partners Program to bolster the presence and market dominance of cross-chain initiatives. $16 Million […]

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Former FTX President Launches New Crypto Venture, Raises $5 Million From Leading Investors

Former FTX President Launches New Crypto Venture, Raises  Million From Leading InvestorsLess than a week ago, Brett Harrison, the former president of FTX US, published a 49-part Twitter thread describing his side of the story when he worked for the disgraced co-founder of FTX, Sam Bankman-Fried (SBF). On Friday, Jan. 20, 2023, Harrison revealed that his new firm, Architect, has raised $5 million from investors such […]

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Study: Samsung Named Most Active Investor in Crypto and Blockchain Startups

Study: Samsung Named Most Active Investor in Crypto and Blockchain StartupsBetween September 2021 and mid-June 2022, Samsung invested in 13 crypto/blockchain companies thus making the South Korean corporation the most active among the top 40 corporations. Google’s parent Alphabet firm, on the other hand, tops the category of top corporations that participated in the biggest funding rounds. 40 Corporations Invest $6 Billion According to the […]

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Nigerian Fintech Founder: ‘African Fintechs Have a Greater Scale Potential Than Other Tech Startups’

Nigerian Fintech Founder: ‘African Fintechs Have a Greater Scale Potential Than Other Tech Startups’The African fintech industry has grown rapidly over the past few years and this has caught the attention of some well-resourced venture capital (VC) firms. As one would expect, Nigerian fintech startups have dominated the continent in terms of funds raised or the number of transactions performed. Nigeria’s Burgeoning Fintech Scene This dominance has convinced […]

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Abu Dhabi Global Market Regulatory Arm Unveils Document Proposing Changes to Virtual Asset Regulations

Abu Dhabi Global Market Regulatory Arm Unveils Document Proposing Changes to Virtual Asset RegulationsThe Financial Services Regulatory Authority (FSRA), a regulator in the United Arab Emirates (UAE)’s financial center and free zone, the Abu Dhabi Global Market (ADGM), has released a consultation paper that proposes amendments to regulations that govern the use of virtual assets. Regulator Seeks to Amend Requirements for Public Keys A regulator in the Abu […]

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Makerdao Dev Insists Defi Protocol Should Leverage Real World Assets to Scale

Makerdao Dev Insists Defi Protocol Should Leverage Real World Assets to ScaleOn March 16, the protocol engineer at Makerdao and co-founder of the software and design firm Bellwood Studios, Hexonaut, announced a proposal to use real world assets (RWAs) in order to scale the decentralized finance (defi) protocol Makerdao. Hexonaut insists the bull market was good, but “the time is passing” and he believes Makerdao needs […]

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Opensea’s All-Time NFT Sales Volume Crosses $20 Billion

Opensea’s All-Time NFT Sales Volume Crosses  BillionData indicates the non-fungible token (NFT) marketplace Opensea has crossed $20 billion in all-time sales. The leading NFT marketplace has seen more than 1.2 million traders leverage the platform since the market’s inception in 2017. 1.2 Million Opensea Traders and $20 Billion in Sales Volume Metrics show that the NFT marketplace Opensea has surpassed $20 […]

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