Similarly, in September, Singapore-based exchange MEXC announced a $300 million fund focused on supporting early-stage blockchain technologies. MEXC first announced the plan during Token2049 in Dubai. This decision is a testament to their long-term interest in powering innovation in public chains, wallets, and other decentralized infrastructure. The fund will prioritize...
Terminal 3 Founded in Hong Kong, Terminal 3 recently raised US$8 million in seed funding. This investment will be used to develop a new data privacy and security protocol that serves as a model for the industry. The company’s goal is to accelerate adoption of its decentralized identity and credentials...
This isn't just another blockchain funding announcement. So much of this story is about real people, real art, and real opportunity blossoming all throughout Southeast Asia. Ika’s strategic investment from the Sui Foundation, alongside the strength of the Sui blockchain, are the backbone supporting this exciting growth. Forget the technical...
Ika automatically provides secure Multiparty Computation (MPC) guardrails to protect your AI applications. The announcement comes shortly after the company closed a $7 million strategic investment from the Sui Foundation. This investment brings Ika's total funding to over $21 million and highlights the company's commitment to enhancing security and decentralization...
I would reminisce about the time I attended a small scale game dev game jam in Jakarta a few years ago. Talented artists, coders brimming with ideas… but the conversation kept circling back to the same problem: access. Access to funding, access to mentorship, access to a global audience. And...
MagicBlock is on a mission to empower decentralized gaming and applications on the Solana blockchain. No wonder, considering they recently closed a $7.5 million seed funding round successfully! This is a big, new investment that marks an inflection point for the company. It’s an indicator of a strong vote of...
Dapper Labs, the Vancouver-based company behind the hugely popular NBA Top Shot blockchain-based game, has completed a very successful $11.4 million funding round. This investment will power the continued expansion of the Flow blockchain. It will further unlock an entirely new ecosystem that combines the best of Telegram mini-apps with...
Inco, a Web3 confidentiality-as-a-service provider, has closed an oversubscribed strategic round led by The Venture Reality Fund. a16z CSX led this investment to support accelerating Inco’s mission. The company is releasing its inaugural product, Inco Lightning, on Base Sepolia. Inco Lightning aims to bring that level of confidentiality to every...
Inco’s mission is to address this pressing confidentiality need in Web3. They recently raised $5 million in a Series A strategic round to continue their work. Andreessen Horowitz Crypto Startup Accelerator (a16z CSX) is leading the investment with a9d. This funding advances Inco’s goal of building a confidentiality technology layer...
The Web3 industry is overflowing with the potential for greater decentralization, democratized access, and a new level playing field. To be fair, let’s admit that the hype rarely matches up to reality. The Zyber365 and Agna Capital alliance is the latest example, and it begs a crucial question: will it...
