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Binance to launch Thai exchange in joint venture with local energy giant

Binance will publicly roll out a Thailand-based crypto exchange in early 2024 via a joint venture with local energy giant Gulf Energy Development.A Nov. 15 Stock Exchange of Thailand filing by Gulf Energy said the venture, called Gulf Binance, will initially be available on an invitation-only basis with a public

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Lightspeed Faction Unveils $285M Venture Fund for Blockchain Startups

With the launch of the $285 million investment fund, Lightspeed Faction aims to be a collaborative partner, assisting projects in achieving their goals.  Lightspeed Faction, a United States-based venture capital firm, has announced the launch of a $285 million venture fund aimed at supporting blockchain projects with potential. According to an official

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Venture Capital Lightspeed Faction Starts $285M Fund for Blockchain Startups

Faction, a joint venture with a $25 billion asset-under-management VC firm Lightspeed Venture Partners, typically invests in seed-stage and Series A funding rounds. The firm has investments in Crossmint, Lens, Narya.ai, Skip.money and Matter Labs, the development team behind the zkSync layer-2 network atop Ethereum. Source

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Standard Chartered’s venture arm to set up crypto fund in UAE

SC Ventures, the fintech investment arm of British bank Standard Chartered, will establish a “Digital Asset Joint Venture” investment company in the United Arab Emirates (UAE) in partnership with a Japanese financial conglomerate, SBI Holdings. In the press release from Nov. 9, Alex Manson, the CEO of SC Ventures, revealed the

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Venture capital investments in the crypto sector hit a record low

RootData reveals a significant decline in both the number and total amount of venture capital investments in the cryptocurrency sector, with October marking new lows. New data reveals that venture capital investments in the cryptocurrency sector continue to decline significantly. RootData reports that the number of publicly disclosed crypto venture capital

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SBI works with UAE’s TradeFinex to set up joint crypto venture in Japan

SBI Holdings and TradeFinex will look to drive trade finance adoption of the Ethereum Virtual Machine-compatible enterprise blockchain XDC Network through a new joint venture in Japan.United Arab Emirates-based firm TradeFinex operates its own decentralized platform on the XDC Network for trade finance originators to connect to a variety of

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