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$75M Blockchain Founders Fund II backs portfolio of P2E and Web3 projects

Singapore-based Blockchain Founders Fund has launched a new venture capital fund to support emerging projects in the cryptocurrency, metaverse and Web3 sectors, offering further evidence that investors are still keen to back major growth trends in the digital asset market. Blockchain Founders Fund II, also known as BFF II, has raised

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Binance Backs WOO Network With A $12 Million Strategic Investment

Binance is the largest exchange platform in trading volume within the crypto industry. Through its user-friendly interface, the exchange has over 20 million users. In addition, the platform supports several cryptocurrencies that would boost an investor’s portfolio. In its move to enhanced performance and services to customers, Binance has a strategic

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Three Arrows Backs Money-Streaming Mean DAO to Boost DeFi Payments on Solana

Mean DAO has raised a $3.5 million funding round to boost Solana’s decentralized finance (DeFi) ecosystem with a protocol for money streaming, a service that automates payment and banking workflows and allows for flexible payment schedules.The project announced the funding round on Monday, led by Three Arrows Capital, SoftBank and

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IoTeX ‘MachineFi’ rebrand backs 200%+ rally to a new all-time high

In the past 30 years, the growth of the internet and digital technology has transformed the way the world operates and now artificial intelligence and machine learning continue to shift the balance of power away from physical labor and more toward a future filled with automation and smart technology. IoTeX (IOTX),

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Circle’s New VC Fund Backs $4.4M Round for Japanese Yen-Pegged Stablecoin Issuer

JPYC, the issuer of a Japanese yen-pegged stablecoin, has raised ¥500 million (about $4.43 million) in a Series A round led by Headline Asia with participation from Circle’s Circle Ventures fund in the latter’s initial capital deployment.Tokyo-based JPYC issues the stablecoin as a prepaid payment instrument in Japan. The company

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