Classic Minerals Limited, an Australian gold exploration company, and AuResources AG, a Swiss fintech startup, have begun a $60 million funding initiative to leverage blockchain technology to boost the gold mining and fintech sectors. The collaboration is designed to accelerate the development of Classic’s gold projects, particularly the Kat Gap …
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[PRESS RELEASE – Hong Kong, China, February 8th, 2024] KIP Protocol, the Web3 base layer for artificial intelligence (AI), has successfully closed its strategic funding round led by Animoca Ventures. KIP Protocol builds secure and gas-efficient Web3 infrastructure that makes it possible for AI creators – whether app developers, model …
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[PRESS RELEASE – Hong, Kong, January 31st, 2024] Ithaca Finance (“Ithaca”), a composable option protocol, announced today a $2.5 million pre-seed funding round co-led by Cumberland and Wintermute Ventures. Additional participants in the round include Room40 Ventures, Ghaf Capital Partners, as well as angel investors Andrew Keys, Co-Founder of DARMA …
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EXCLUSIVE: ITV made big bucks from Love Island brand extensions, and the man behind the merchanise millions has now launched his own company. William Van Rest has set up Jem Media Ventures, a UK-based company designed to help business, brands and talent create ancillary income from IP, including programs and …
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The partnership between Framework Ventures and Merit Circle will involve locking up BEAM tokens to receive USDC usable for investments. Gaming and metaverse-focused decentralized autonomous organization (DAO) Merit Circle has announced a partnership with San Francisco-based venture capital firm Framework Ventures. According to the announcement, Merit Circle’s collaboration with Framework will see the …
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TON is set to receive a $20,000 grant from KuCoin’s investment arm to support the exchange’s efforts at building GameFi and payment-based mini apps. KuCoin Ventures, the investment arm of Seychelles-based crypto exchange KuCoin, has announced a partnership with The Open Network (TON) Foundation. The exchange platform’s investment arm plans to award …
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EXCLUSIVE: Stampede Ventures has optioned rights to the first three books in the bestselling non-fiction series The Alpha Wolves of Yellowstone, tapping Zack Stentz (Thor) and his wolf advocate brother Will Stenberg to script a film adaptation. Published by Greystone Books, the books hail from retired National Park ranger Rick …
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To demonstrate the potential of UDPN, Standard Chartered’s SC Ventures and Deutsche Bank conducted a trial. Standard Chartered’s SC Ventures and Deutsche Bank have achieved a significant milestone by completing the first Proof of Concept (PoC) for the Universal Digital Payments Network (UDPN). This groundbreaking initiative aims to revolutionize the …
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[PRESS RELEASE – Zug, Switzerland, October 4th, 2023] MEXC Ventures, a subsidiary of MEXC’s global cryptocurrency exchange MEXC, has announced a significant investment in The Open Network, the largest layer-1 investment the firm has ever made. This investment works alongside a strategic partnership with The Open Network (TON) Foundation. This …
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Point72 Ventures, through the funding round, will help GenTwo extend its offerings and also expand its international business. Securitization specialist fintech GenTwo has raised $15 million in a recently concluded Series A funding round. The round was led by venture capital firm Point72 Ventures, founded by billionaire hedge fund manager …
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EXCLUSIVE: Elaine Bauer Brooks will be leaving her post as EVP, Development and MultiPlatform Content at CBS Media Ventures after nine years at the company. Her departure follows that of CBS Media Ventures President Steve LoCascio who announced his retiring two weeks ago amid a corporate restructuring that saw the …
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Google’s transition towards monetizing its mapping products is not only a strategic financial move but also a response to the evolving economic landscape. Google, a dominant subsidiary of Alphabet Inc (NASDAQ: GOOGL) is reportedly launching a ground-breaking project to sell its new sets of mapping data to various renewable energy …
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