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Brand Capital, the strategic investment arm of The Times Group, India’s largest media group, will invest up to US$6.5 million in Indorse, a blockchain-powered professional network. The company will make an initial investment of US$2 million as a convertible note at a valuation of US$15 million with...
Liquid, a cryptocurrency exchange platform operated by Quoine Pte. Ltd., has announced the first close of an ongoing, undisclosed Series C funding round which the company claims has brought its valuation “to over US$1 billion” and established itself as one of only two tech unicorns in Japan.
PayPal has joined Cambridge Blockchain’s Series A funding round, marking the US payment giant’s first blockchain investment. Cambridge Blockchain, a startup developing digital identity management software for financial institutions, initially closed its Series A in May 2018 after raising US$7 million from Foxconn’s HCM Capital, Partech Partners,...
FinFabrik, a Hong Kong-based fintech startup developing capital markets software, has raised an undisclosed amount in a seed funding round led by BitMEX Ventures, the investment arm of Seychelles-based HDR Global Trading Ltd., the operator of the BitMEX cryptocurrency exchange and derivative trading platform. The startup said it will use the...
Orbs, an Israeli startup developing a hybrid blockchain complementing and scaling base-layer protocols such as Ethereum, has raised a “seven-figure” US dollar investment from Kakao Investment, the venture arm of the leading South Korean Internet conglomerate Kakao. Orbs said on Thursday that the new capital will be used to...