Tag: Participates

Brevan Howard participates in institutional effort to tokenize funds

Libre, a groundbreaking web3 protocol by WebN Group and Laser Digital, harnesses Polygon technology for regulatory-compliant alternative investment management. WebN Group and Laser Digital have jointly introduced Libre, a web3 protocol powered by Polygon technology. Laser Digital, the crypto arm of Nomura, and WebN Group, a fintech and web3 incubation hub backed by Laser Digital and Brevan Howard co-founder Alan Howard, collaborate on this project. The institutions have arrived on Polygon CDK. For the first time, a financial institution-focused L2 is being built, settling to Ethereum. Introducing Libre, institutional web3…

Vitalik Buterin participates in $6 million funding round for Nocturne 

As per an Oct. 25 post on X, Nocturne, a protocol enabling private, composable accounts on Ethereum, announced Bain Capital Crypto and Polychain would be leading their multi-million seed round. The round will be co-led by Bain Capital Crypto and Polychain with participation from Vitalik Buterin, the founder of Ethereum. Support from many known names In a follow up post, Nocturne shares that other participants in the funding round include Bankless Ventures and Robot Ventures, alongside angel participants such as Tim Beiko from the Ethereum foundation, Aaron Henshaw, the Head…

Satellite orbiting Earth participates in the Ethereum KZG ceremony

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The Ethereum KZG ceremony, which aims to provide a cryptographic foundation for Ethereum scaling, has already had over 83,000 contributions of randomness from users all over the world. Now it’s receiving a contributor from outer space.  Cryptosat, a blockchain-powered satellite orbiting Earth, announced its contribution of entropy from space on April 4 at 6 a.m. UTC. The contribution will be deployed from the Crypto2 satellite. According to the announcement from Cryptosat, the satellite orbits Earth every 90 minutes following a remote course 550 km above ground, which makes it difficult…

Samsung Participates in Series A Round That Raised $25 Million for a Metaverse Startup – Metaverse Bitcoin News

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A Korean metaverse startup, Doubleme, is said to have raised $25 million in a Series A round that saw the leading South Korean electronics manufacturer Samsung Electronics take part. Capital Raised to Fund Marketing Efforts The South Korean electronics and smartphone maker Samsung is reported to have participated in Series A funding which raised $25 million for a Korea-based metaverse startup, Doubleme. The round was led by Coentry Investment and NH Investment. According to a Techinasia report, the startup, which was founded in 2015 by Albert Kim, Michael Kuczynski, and…

Japanese Fintech Firm Kyash Raises $41 Million, Jack Dorsey’s Block Participates in Funding – Fintech Bitcoin News

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A Tokyo-based financial technology company called Kyash has raised $41.2 million in a Series D funding round which saw participation from the Block (formerly known as Square). The investment into the Japanese mobile financial app firm is the Block’s first investment in the Asia Pacific region, according to the announcement. Fintech Firm Kyash Gets a Capital Raise Boost From the Block According to a report by Nikkei, the financial technology (fintech) company Kyash has raised $41.2 million in a Series D financing round. Kyash was founded in 2015 and is…

African Web3 Startup Raises $6.45 Million in Pre-Seed Round, Serena Williams’ Investment Firm Participates – Emerging Markets Bitcoin News

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An African startup, Nestcoin, said it raised $6.45 million in a pre-seed funding round in which tennis’ star, Serena Williams’ Serena Ventures took part. The startup, which was launched in November 2021, plans to use the capital raised to educate, build and invest in web 3.0 applications. Facilitating Crypto Adoption Nestcoin, a Nigerian startup that plans to operate and invest in Web3 applications, recently announced it had raised $6.45 million in pre-seed. Leading the funding round were venture capital firms, Distributed Global and Alter Global. Also participating in the funding…

Ashton Kutcher Participates in Lolli’s $3M Seed Round

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Bitcoin rewards company Lolli has announced on May 11 the close of an oversubscribed $3 million seed II funding round led by Pathfinder and investors like Michelle Phan, Ashton Kutcher and Guy Oseary. According to the announcement, the funding will help launch the company’s mobile app and expand it internationally, with a tentative launch date for the summer. Lolli assures that the app will allow greater accessibility to Bitcoin (BTC), allowing users to earn from merchants on both web and mobile. Making Bitcoin “more accessible” through rewards Speaking with Cointelegraph,…

Airbnb Co-Founder Participates in Almost $23 Million Funding Round for Crypto Startup

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Cryptocurrency trading platform SFOX has announced the closure of a $22.7 million Series A funding round with participation from Airbnb co-founder Nathan Blecharczyk, according to an August 16 press release. Co-founder and partner at Tribe Capital and Social Capital, Arjun Sethi, led the Series A funding round for the U.S.-based cryptocurrency dealer SFOX, with participation from Y Combinator, Khosla Ventures, Digital Currency Group, Blockchain Capital, and Blecharczyk. The press release notes that the cryptocurrency dealer aims its services at “large-scale investors such as funds, family offices, and high-net-worth individuals,” and…

General Electric Participates in Blockchain Startup Xage Security’s $12 Mln Funding Round

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The venture capital arm of General Electric (GE) has joined a $12 million investment round in blockchain startup Xage Security in order to develop its security fabric for industries from energy to building management, a press release confirmed July 23.   The $12 million Series A funding round, led by March Capital Partners, included participation from GE Ventures as well as City Light Capital and NexStar Partners. Xage — which uses blockchain to allow tamper-proof communication between infrastructure and devices in the energy, telecom, utilities, building management, and manufacturing industries…