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South African Crypto Asset Marketplace Initiates $1.64 Million Capital Raise

The South African decentralized cross-asset marketplace Mesh.trade has facilitated a $1.64 million (ZAR30 million) capital raise for a reverse mortgage provider. The capital raise allows the provider to offer homeowners…

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Cleartoken Secures $10M in Funding to Pioneer UK’s First Digital Asset Clearing House

On Monday, the crypto clearing house startup Cleartoken revealed that it raised $10 million from strategic investors including Nomura’s Laser Digital, Flow Traders, and LMAX Digital. Cleartoken Nets $10M to…

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Analog Secures $16 Million for Web3 Interoperability Boost, Launches Cross-Chain Partnership Program

On Monday, the Web3 blockchain interoperability platform Analog announced the team has raised $16 million in a funding round from a wide array of venture capitalists and firms including Balaji…

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Study: Samsung Named Most Active Investor in Crypto and Blockchain Startups

Between September 2021 and mid-June 2022, Samsung invested in 13 crypto/blockchain companies thus making the South Korean corporation the most active among the top 40 corporations. Google’s parent Alphabet firm,…

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Nigerian Fintech Founder: ‘African Fintechs Have a Greater Scale Potential Than Other Tech Startups’

The African fintech industry has grown rapidly over the past few years and this has caught the attention of some well-resourced venture capital (VC) firms. As one would expect, Nigerian…

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Abu Dhabi Global Market Regulatory Arm Unveils Document Proposing Changes to Virtual Asset Regulations

The Financial Services Regulatory Authority (FSRA), a regulator in the United Arab Emirates (UAE)’s financial center and free zone, the Abu Dhabi Global Market (ADGM), has released a consultation paper…

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Makerdao Dev Insists Defi Protocol Should Leverage Real World Assets to Scale

On March 16, the protocol engineer at Makerdao and co-founder of the software and design firm Bellwood Studios, Hexonaut, announced a proposal to use real world assets (RWAs) in order…

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Opensea’s All-Time NFT Sales Volume Crosses $20 Billion

Data indicates the non-fungible token (NFT) marketplace Opensea has crossed $20 billion in all-time sales. The leading NFT marketplace has seen more than 1.2 million traders leverage the platform since…

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