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NEW YORK (Reuters) - Some of the largest Asian venture capital firms and crypto hedge funds will invest $100 million to further develop applications on a new blockchain called Assembly under the IOTA network, co-founder Dominik Schiener told Reuters in an interview.

LD Capital, Signum Capital, Huobi Ventures and UOB Venture Management are among firms that have committed to the funding.

RIYADH: Softbank-funded 2TM, owner of the largest cryptocurrency exchange in Latin America, has launched a venture capital unit focusing on blockchain companies around the world. Brazil-based 2TM, valued at roughly $2.2 billion after the latest $50 million fund-raise, is the holding company of Mercado Bitcoin, with 3.2 million customers as of October 2021. During the first 10

5 Reasons Why RiFi Is Going To Change the DeFi Lending Ecosystem Reading Time: 3 mins read Rikkei Finance ($RIFI) is the ultimate lending solution that is scalable and user-friendly. Rikkei Finance is an all-inclusive financial platform that boasts high performance and efficiency. RiFi improves the DeFi lending ecosystem through sustainability, interoperability, diversity, community-centered approach, and its core system. Sustainability  The solid vision of the RiFi team from the early stage i...

Vietnam-based DeFi startup Rikkei Finance has announced raising initial funding of USD 5.6 million. The fintech has received funding from investors in the blockchain industry, including HyperChain Capital, Kyber Network, Signum Capital, PNYX, X21digital.com, LD Capital, Tomochain, Kernel Ventures, Trade Coin VietNam, Coin98, Kyros Ventures (Coin68), YBB Foundation Limited, Ark Stream Capital, and Inclusion Capital. Rikkei Finance is using decentralised technology to improve ideas like money len...

A rising star in the Blockchain world © Provided by Khaleej Times A rising star in the Blockchain world With reports about prohibitive Ethereum gas fees and the prices of Non-fungible tokens (NFTs) having dominated tech headlines, one might be forgiven for not noticing Fantom Foundations steady stream of announcements about the Fantom Blockchain platform. Over the last months, developers, general users keen to explore Fantoms DeFi offerings, and even government agencies have signed on to use...

4 Reasons Why Fantom $FTM Grew Big in Last Thirty Days May 6 2021 · 10:54 UTC | Updated 6 hours ago Photo: Fantom Foundation You have successfully joined our subscriber list. In the last thirty days, the Fantom Foundation has seen one of its most whirlwind months of action since its public release. A new blockchain platform is on the scene, and it’s drawing the eyes of industry leaders across the globe.  Fantom, a blockchain platform ensuring security, scalability and speed, is making wav...

HyperChain Capital announced a $15 million investment into Fantom If the price jumps above $0.85, the next price target could be around $0.90 or even $1 Fantom (FTM) has advanced from $0.42 above $0.77 this April, and the current price stands around $0.71. The daily volume of FTM remains high, and this cryptocurrency continues to trade in a bull market. Fundamental analysis: HyperChain Capital announced a $15 million investment into Fantom Fantom is an open-source smart contract platform for di...

Press release content from PR Newswire. The AP news staff was not involved in its creation. Sparrow Tech Private Limited selects kACE Pro for Digital Options Pricing & Risk Management December 17, 2020 GMT LONDON, Dec. 17, 2020 /PRNewswire/ -- kACE, a division of Fenics Software Limited, an entity within the BGC Partners, Inc. (NASDAQ: BGCP) (“BGC Partners,” “BGC” or the “Company”) group of companies, announced today that Sparrow Tech Private Limited (“Sparrow”), a Singapore hea...