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Opdex Launches Stratis AMM DEX to Support GameFi Ecosystem

London, UK, 11th March, 2022,   London, UK, March 11, 2022 — Opdex, a new decentralized exchange based on automated market makers, is launching on the Stratis blockchain to provide DeFi support for its fledgling GameFi ecosystem.

Fintech Funding: Document AI company Base64.ai raises $1.8M

Document artificial intelligence (AI) technology company Base64.ai last week raised $1.8 million in its first funding round. Long Journey Ventures and Data Community Fund led the investment. New York City-based Base64.ai automates document identification, recognizing IDs, invoices, checks and forms in more than 60 languages. The platform leverages AI to translate any document into standard […]

Axonius Nabs Another $200M at a $2.6B Valuation

According to IBM’s Data Breach Report 2021, the average cost of a data breach is $4.24M. As businesses become more reliant on remote work and as employees use more devices (the average employee now uses 2.3 devices), the potential liability increases each day. Axonius’ cybersecurity asset management platform gives enterprises a full inventory of their assets and ensures that these devices are properly being secured across all locations. The platform takes a holistic approach by integrating into existing cybersecurity tools and workflows and ensuring that all devices being used (whether physical or virtual) are compliant with the company’s security protocols. Axonius has also launched a specialized SaaS Management product that addresses the added risk companies face from the use of various modern software applications that are increasingly becoming a part of the enterprise tech stack. Companies like The New York Times, MindBody, Schneider Electric, and AB InBev are all customers and revenue grew 132% YOY in 2021. AlleyWatch caught up with Axonius CEO and Cofounder Dean Sysman to learn more about how the company is solving the fragmentation of IT that leads to security vulnerabilities, the company's strategic plans, latest round of funding, which brings the total funding raised to $395M, and much, much more...

Latest in Crypto Hiring: FTX Adds Gaming Partnerships Lead

hiring

A former Citi executive becomes COO of crypto custodian Copper.co

The post Latest in Crypto Hiring: FTX Adds Gaming Partnerships Lead appeared first on Blockworks.

US fintechs Selfbook and Stellar raise funds

New York-based Selfbook landed $15 million, while Austin-based Stellar raised $7 million.

Meet The Core Dev Using Bitcoin For Humanitarian Aid On The Ground In Ukraine

Gleb, a Ukrainian and Bitcoin Core developer since 2018, is using BTC to deliver humanitarian supplies in wartorn areas of his native country.

Two sides to every coin: Crypto as a weapon in the fight for Ukraine

Cryptocurrency is being used both to fund Ukraine’s defense and prevent Russia’s ability to skirt sanctions in what may become a pivotal moment for the industry.

Bitcoin(BTC) Price On The Brink Of Falling Back To $35,000! Are Whales Gearing Up For Another Crash?

bitcoin price drop

The post Bitcoin(BTC) Price On The Brink Of Falling Back To $35,000! Are Whales Gearing Up For Another Crash? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

  The crypto sphere is engulfed in darkness as the inflation rate in the U.S Soares to 7.9%. In addition, the fear of FED’s meeting approaching the horizon, with a hike in interest rates, haunts the community. The market capitalization of the industry is presently at $1.86 T. Which has seen a marginal difference of 0.1% …

Canza Finance raises $3.27M Seed Round to Empower Underserved Sub-SaharanAfrica SMEs with Financial Services

Canza_Finance_raises_$3_27M_Seed_Round_to_Empower_Underserved_SubCanza Finance, an Emerging markets neobank that is building the world’s largest non-institutional-based financial system, announced today the completion of ...

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Singapore-Headquartered Cake DeFi Launches US$100 Million Venture Capital Arm

SINGAPORE, Mar 11, 2022 - (ACN Newswire) - Cake DeFi, a Singapore-based fintech platform that makes DeFi (decentralised finance) services and applications accessible for everyone, has launched Cake DeFi Ventures (CDV), its venture capital arm with US$100 million in earmarked capital.

Cake DeFi Ventures (CDV) is looking to invest in technology startups in Web3, gaming and fintech - especially those in the metaverse, NFT, blockchain and esports industries - that will bring synergistic value to Cake DeFi's core business. Based in Singapore, CDV will look for global investment opportunities in startups around the world.

CDV is led by Cake DeFi's Co-founders Dr Julian Hosp (Chief Executive Officer) and U-Zyn Chua (Chief Technology Officer) along with newly appointed Investment Partner Nicholas Khoo:

- Dr Julian Hosp is a seasoned blockchain entrepreneur, widely regarded as a leading influencer in the crypto and blockchain space. His vision is to bring blockchain awareness and understanding to a billion people by 2025.

- U-Zyn Chua, a blockchain engineer, enthusiast and investor for over a decade, was a Smart Nation Fellow on blockchain for the Singapore government. He was also the Lead Architect for the world's first Central Bank Digital Currency (CDBC) - the Sand Dollar in the Bahamas.

- Nicholas Khoo brings over 20 years in the tech sector with diversified experience in startups and multinationals such as Visa. For more than ten years, Nicholas has invested in a number of successful and fast-growing tech startups and has also served on the investment committees of investors such as the Global Fund.

Portfolio companies of CDV will receive strong support from Cake DeFi's global and experienced leadership team, and the opportunity to access Cake DeFi's connections, resources and expertise within the global blockchain industry.

"By launching Cake DeFi Ventures, we want to bring cryptocurrency and blockchain capabilities to the world. Cake DeFi is one of Southeast Asia's fastest-growing fintech platforms. The projects that we invest in can expect to receive strong support scaling globally," said Dr. Julian Hosp, Co-founder and CEO of Cake DeFi.

Deploys First Strategic Investment into US-Based 'The Edge Of Company, Inc.'

At the time of CDV's launch, the firm was in early to late-stage discussions with a number of global startups, including those in Southeast Asia, the U.S. and Europe. For its first strategic investment, Cake DeFi has selected tech, media and events startup, The Edge Of Company, which has been building the community and ecosystem for the NFT and Web3 space.

"The entire team at The Edge Of Company is honored to have Cake DeFi Ventures as part of the Edge family. Their know-how, relationships, and strategic insights will help propel this Web3 rocketship to new heights across our platform of tech, media, and events," said Jeff Kelley, Co-Founder, The Edge Of Company, Inc.

"As an extension of our multiple blockchains support and having built up an R&D arm with cryptography deep tech capability, investing in companies that bring synergies to Cake DeFi's core business will allow us to enhance and broaden our Web3 offerings," said U-Zyn Chua, Co-founder and CTO of Cake DeFi.

To apply for funding from CDV, please email [email protected] with the project details. CDV will be in touch with shortlisted projects. Venture capital firms or investment funds interested in co-investment opportunities or strategic partnerships may also reach out for further discussion.

ABOUT CAKE DEFI

Cake DeFi is a fully transparent, highly innovative and regulated fintech platform dedicated to providing access to decentralised financial services and applications by enabling users to generate returns from their crypto and digital assets. It is operated and registered in Singapore and is fully compliant with all regulatory requirements of the Monetary Authority of Singapore (MAS).

By enabling and empowering its users to harness the potential of decentralised finance (DeFi), Cake DeFi aims to educate and inform people around the world on crypto and DeFi in a simple, easy to understand and hassle-free manner.

In 2021, Cake DeFi saw a tenfold growth in its registered customer base, with over US$1bn customer assets. In the same year, Cake DeFi's customers received over US$230 million in rewards.

ABOUT THE EDGE OF COMPANY, INC.

A media, events, and tech venture, The Edge of Company launched in 2021 with the Edge of NFT Podcast and has since created the NFT LA conference. NFT LA hosted March 28-31, 2022 will be the largest NFT & Web3 gathering in Southern California, and at over 100 episodes the podcast continues to feature "the top 1% in NFTs today and what will stand the test of time." Believers in economic structures that value the attention of every participant, the company leverages its three founders' experiences in various domains including blockchain, fashion, real estate, music, neuroscience, foodtech and high-growth startups to catalyze co-creation in the Web3 and NFT space.

For Media Enquiries, Please Contact:
[email protected]

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comCake DeFi, a Singapore-based fintech platform that makes DeFi (decentralised finance) services and applications accessible for everyone, has launched Cake DeFi Ventures (CDV), its venture capital arm with US$100 million in earmarked capital.

Nordic Neobank Lunar Raises $77M Funding Round, Launching Crypto Trading Platform


Lunar strives to offer more convenient, empathic and engaging banking alternative services to both private and business customers. (Read More)

A crypto bull wins the presidency: What it means for South Korea

ICOs, revamped taxation, and investor protection reverse a past crypto reluctance under the incoming administration.

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