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Crypto — 6 Feb 2024

Oobit, a Singapore-based mobile payment app focused on cryptocurrency, has completed its Series A funding round, securing $25 million in investment. The funding round was led by the investment arm of Tether, a cryptocurrency software company, along with contributions from CMCC Global’s Titan Fund, 468 Capital, and Anatoly Yakovenko, co-founder of Solana. The exact valuation […]

Acquisitions — 14 Nov 2023

Singapore-based investment firm Foresight Ventures has successfully acquired an 80% majority stake in crypto media company The Block for $60 million. The acquisition by Foresight Ventures comes nearly a year after FTX and Alameda Research faced a downturn.  The Block’s former CEO, Mike McCaffrey, previously borrowed several million dollars from Alameda Research, adding to the […]

Crypto — 25 Oct 2023

Singapore’s Triple-A, a crypto payment gateway, has successfully concluded a Series A funding round of $10 million. Leading this funding round were Peak XV Partners and Shorooq Partners, both of whom had previously invested in Triple-A. This fresh capital injection will empower Triple-A in its mission to enhance and expand its product offerings. Triple-A’s Series […]

Crypto — 26 Jul 2023

Crypto.com and LINE Xenesis, the blockchain arm of messaging app Line, have joined forces to strengthen their presence in the Asia Pacific region and the global crypto industry. In a recent announcement, Crypto.com revealed a Memorandum of Understanding (MoU) with LINE Xenesis Corporation. The collaboration is expected to leverage Crypto.com’s tailored business solutions, enabling it […]

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