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Blockchain Startup Bison Trails Receives $5.25 Mln Investment Backed by Galaxy Digital

New blockchain startup Bison Trails has received an investment of $5.25 million in a seed round backed by Mike Novogratz’s crypto merchant bank Galaxy Digital. The firm announced the fundraising in a Medium post on March 15.Led by two early stage venture capital firms Initialized Capital and Accomplice, the

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Chinese Insurance Giant Ping An Partners With Decentralized AI Startup SingularityNET

Chinese insurance giant Ping An has partnered with Ethereum (ETH)-based decentralized artificial intelligence (AI) startup SingularityNET. The latter company announced the collaboration in a press release published on Medium on March 14.Per the release, the collaboration will at first focus on Optical Character Recognition (OCR), Computer Vision (CV) and

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Blockchain ID Startup Metadium Reveals Partnership With Game Engine Giant Unity

Metadium, a South Korean blockchain identity startup, is releasing its Software Development Kit (SDK) on leading game engine Unity’s Asset Store, according to a press release published today, March 15. The press release describes the move as a “strategic partnership” with the gaming giant.Per the press release, the Metadium

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Startup Finturi Raises $2.2 Million for Its Blockchain-Based Invoice Finance Platform

Dutch blockchain startup Finturi has secured 2 million euro ($2.2 million) to enable businesses to secure loans against invoices via blockchain tech, the company tweeted on March 12.Founded in September 2018, Finturi aims to help businesses finance invoices by linking them with financiers to borrow money against invoices, using

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Crypto Startup Behind Alibabacoin Agrees to Stop Using ‘Alibaba’ Name After Legal Action

Dubai-based crypto firm ABBC Foundation has agreed to stop using the name “Alibaba” for its cryptocurrency after legal action by Chinese e-commerce giant Alibaba Group, Reuters reported on March 11.The decision from ABBC Foundation is reportedly part of a settlement of an almost year-long lawsuit brought by Alibaba against

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Credit Agricole-Backed Blockchain Startup Setl Files for Insolvency in the UK

Setl, a Credit Agricole-backed blockchain startup based out of the United Kingdom, has filed for insolvency. The insolvency notice was filed on March 7 with U.K. authorities.Credit Agricole is reportedly the world’s largest cooperative financial institution, headquartered in France.Setl was founded by Peter Randall, one of the founders and

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Blockchain Startup Enjin to Release Dev Kit for Game Engine Giant Unity

Ethereum (ETH)-based digital asset tokenization startup Enjin will launch a Software Development Kit (SDK) for leading game development engine Unity on March 14. The company announced the launch in a Medium post on March 4.The SDK will reportedly allow Unity developers to create, integrate and manage the distribution of

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Ridesharing App Lyft Partners With Blockchain Startup to Tokenize Healthcare Transport

Ridesharing app Lyft has partnered with blockchain startup Solve.Care to tokenize healthcare-related transport arrangements. The development was announced in a press release from Solve.Care on March 4.Estonia-based Solve.Care is a decentralized, blockchain-powered platform that focuses on enhancing healthcare administration and access to healthcare services for users and insurers.The partnership

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