Singapore-based media platform Chain Debrief dedicated to crypto has raised US$900k in seed funding round led by its angel investor Sim Jian Hong along with participation from institutional investors such as Gecko Ventures, QCP Capital, Coinhako, and Double Peak Group.
The seed funding round was also joined by senior executives from Xfers, Defiance Capital, Mintable and other individual investors in the crypto segment.
QCP Capital is one of the world’s largest crypto trading companies with more than US$1.5 billion in assets deployed. Coinhako is a Singapore-based cryptocurrency exchange that has recently received in-principle approval from Monetary Authority of Singapore to provide digital payments token services under the Payment Services Act as a major payment institution.
The startup plans to use the fresh funding to expand its platform and continue building products focused on helping users to understand crypto. It is presently looking at launching Pulse, a new platform that tracks decentralized applications activities through various blockchains.
“As one of the pioneer crypto media organisations founded in Singapore, we aim to challenge the narrative and educate the public masses on crypto investment. The team at Chain Debrief firmly believes that crypto will fundamentally change the way the world works in the near future, and we are at the forefront of this financial revolution,” said Jacky Yap, founder and managing director of Chain Debrief.
He added, “We are honoured to have the support of our strategic investors who believe in our vision. We are excited about this new milestone, and are gearing up to make Chain Debrief synonymous with crypto in the near future.”
Founded in 2021 by Jacky Yap, Chain Debrief targets to educate, inform, and connect the global investment community through its video series, editorial work, and crypto communities.
The Pulse platform of the firm will track decentralized applications activities across several blockchains.
Besides Chain Debrief Jacky Yap is also a co-founder of GRVTY Media, the parent digital media company of Vulcan Post, VP Label, Millennials of Singapore, The Playbook, and The Daily Ketchup.