A cryptocurrency exchange, Coin Futures and Lending Exchange (CoinFLEX) has successfully raised $10 million in funding this year. The exchange vision to expand its trading volume by utilizing the fundraising through the funding round from major cryptocurrency investors such as the Polychain Capital, & NGC Ventures II. The company boast that it has reached a trading volume of over US$150 million.
A blockchain-powered vegan activist platform, VeganNation has successfully raised $10 Million in its recent funding round from private investors. The CEO of VeganNation, Isaac Thomas explained, “This is a major milestone in uniting all environmentally conscious consumers worldwide into a nation founded on sustainable development, generosity, and kindness towards all living beings.”
A blockchain customer relationship management (CRM) software startup located In USA, which aims expand the limited pool of data shared in CRM, also ensuring privacy and security of data has completed its funding round. The startup reportedly raised $3.5 million where the major global blockchain investors have also participated such as the Binance Lab, Neo Global Capital, Fenbushi Capital, & Arrington XRP Capital.
The Litecoin (LTC) founder Charlie Lee has announced in his tweet that he is an investor in Casa, a Bitcoin (BTC) personal key security firm. Charlie Lee then commented, “I have the same feeling about Casa today as I had about Coinbase when I joined in 2013 as the 3rd hire. Casa is making Bitcoin easy to use and that is extremely important for this space. Looking forward to great things!”
TradeWindow (a blockchain startup) has reportedly received investment & funding from New Zealand’s Auckland Saving Bank (ASB) for the launching of distributed ledger technology (DLT) trade platform. The Executive GM at ASB, Nigel Annet explained, “TradeWindow has the potential to truly transform the way our customers experience the international trade process.They will be able to operate more efficiently with trust and security across the globe.”
Blade (a crypto derivatives platform) has unveiled that it has raised $4.3 million in a seed funding round which was participated by Coinbase, SV Angel, A.Capital, Slow Ventures, Justin Kan and Adam D’Angelo. The exchange will be launched in three weeks & which will offer perpetual crypto swap contracts which are similar to traditional futures contracts and grant investors the ability to profit off of selling digital assets either short or long, similar to futures contracts.
A sovereign wealth fund based in Abu Dhabi, Mubadala Investment Capital has unveiled that it has invested in MidChains (a cryptocurrency exchange), but they see it as an investment rather than a replacement for fiat currencies. Co-founder at Midchains, Mohammad Al Hashemi explained, “Mubadala has always been a pioneer in the technology space and wants to become a pioneer in investing in new technologies.”
An announcement has been made by a blockchain startup based in Singapore, Bezant which offers Blockchain-as-a-Service (BaaS) using Hyperledger Fabric technology that it has received a major investment from Korea Prepaid Card. However, the terms of the deal was not shared, as well as the agreement between two companies. The company reportedly has established numerous partnership with South Korean companies such as Hanjudo, and Nova Learning.
Galaxy Digital (a cryptocurrency bank) has revealed that it has invested in Digital asset lender DrawBridge Lending (DBL) to improve DBL’s fiat-crypto lending and investing capabilities. CEO of Galaxy Digital Michael Novogratz commented, “The institutionalization of digital assets is still relatively nascent despite increasing momentum and interest from a number of respected firms and industry players.”
A well-known digital asset trading platform, BitMart has shared that it has successfully received the funding from a China-based VC firm named Fenbushi Capital. The CEO of BitMart, Sheldon Xia expressed, “The strategic collaboration with Fenbushi Capital and Bitrise Capital will undoubtedly help to establish a more open and transparent capital raising ecosystem for both investors and high-quality assets.”