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Tag: STRATEGIC INVESTMENT

Nine Chronicles Receives Investment from Binance Labs

Binance Labs, the venture capital arm of the digital exchange, Binance, announced an investment in open-sourced game Nine Chronicles today.

HG Semiconductor Garners “2021 Annual (Industry) Enterprise With Most Investment Value Award” at 2021 (5th) Boao Enterprise Forum

HONG KONG, Jan 13, 2022 - (ACN Newswire) - HG Semiconductor Limited ("HG Semiconductor", together with its subsidiaries, "the Group"; Stock Code: 6908.HK) is pleased to announce that the Group was awarded "the 2021 Annual (Industry) Enterprise With Most Investment Value Award" in 2021 (5th) Boao Enterprise Forum, recognising the Group's outstanding performance in technological innovation and its endeavour to the development of the third-generation semiconductors.

Image 1: Boao Enterprise Forum was held in Hainan on 8 January 2022.

Image 2: HG Semiconductor was shortlisted to obtain "the 2021 Annual (Industry) Enterprise With Most Investment Value Award".

The "2021 (5th) Boao Enterprise Forum" is jointly hosted by Global Times and China Enterprise Network and was held in Hainan on 8 January 2022. Leaders from fields of politics, business, academia etc. attended the forum with themes of "Change" and "New" of Chinese enterprises, and discussed the issues of how to seize new opportunities, cope with new challenges, and forge new journeys. The "2021 Annual (Industry) Enterprise with the Most Investment Value" award is established by the Boao Enterprise Forum, designated to honour Chinese enterprises in recognition of their creative contributions in the process of technological research, development and innovation and the major achievements in terms of market share and influence on the relevant industry.

The management of the Group is thankful to the organiser and judging panel for their recognition, and is also greatly encouraged by the accreditation. Such accolade serves as a testament of the Group's achievements in the semiconductor industry in 2021 and it also indicates that the future development prospects and investment value of the Group have been highly recognised by the authoritative media and capital market. The Group will continue to work hard in the third-generation semiconductor business, accelerate its research and development, expand the applications of gallium nitride (GaN) related products, striving to become a pioneer of the third-generation GaN semiconductor in Greater China. The Group will leverage the synergies created by the strategic investment in the world's leading GaN companies to strengthen its technological advantages and enhance its production layout. Capitalising on the Group's accumulated experience and competitive edge in the semiconductor industry, it is confident in seizing opportunities arising from increased market demand, thereby enhancing its business performance and creating long-term value for shareholders.

About HG Semiconductor Limited
HG Semiconductor Limited (6908.HK) is principally engaged in semiconductor product business in China, including the design, development, manufacturing, subcontracting services and sales of light-emitting diode ("LED") beads and a new generation of semiconductor gallium nitride ("GaN"). The Group is committed to accelerating its research and development and expansion in the application of GaN related products, with an aim to become a leading semiconductor company with the integration of design, manufacturing and sales of semiconductor chips, as well as providing total solutions with higher efficiency and competitive system cost.

For more details, please visit www.hg-semiconductor.com


Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comHG Semiconductor Limited ("HG Semiconductor", together with its subsidiaries, "the Group"; Stock Code: 6908.HK) is pleased to announce that the Group was awarded "the 2021 Annual (Industry) Enterprise With Most Investment Value Award" in 2021 (5th) Boao Enterprise Forum,

MoneyGram Makes Strategic Investment in Cryptocurrency Cash Exchange

Pre-digital P2P payments and remittance player MoneyGram made a strategic investment in cryptocurrency cash exchange company Coinme this week. The amount of MoneyGram’s strategic investment in Coinme was undisclosed, but it gives the firm a 4% stake in the Seattle-based company. As a result, MoneyGram now holds direct ownership in Coinme. “At MoneyGram, we continue Read more...

The post MoneyGram Makes Strategic Investment in Cryptocurrency Cash Exchange appeared first on Finovate.

MoneyGram Acquires Minority Stake in Crypto ATM Operator Coinme

On January 5, the cash transfer company, MoneyGram International Inc announced that it had made a strategic investment in the crypto-cash exchange firm, Coinme.

WOO Network Raises $12 Million Series A Funding Round Led by Binance Labs

. The decentralized finance (DeFi) deep liquidity provider, WOO Network has raised an additional $12 million in a Series A funding round led by Binance Labs.

Herd Ventures Makes Strategic Investment in NFT and Token Launchpad Multistarter

Multistarter allows crypto investors to participate in IDOs and earn maximum interest on stables (USDT/USDC/BUSD). By offering up to 20% APY on stables, the Launchpad empowers users to harness top protocols and earn lucrative rewards.

The Venture capital is excited to welcome their new strategic partner and become part of the Multistarter journey. They will offer financial and marketing support to the promising project which helps users create their own tokens and NFT sales in seconds.

Multistarter recently knocked a significant milestone by reaching 3700+ community members. The project also garnered 19000+ whitelist applications on the upcoming presale and raised a 200 BNB private round from some of the heavyweights in the blockchain ecosystem.

The first Multistarter IDO is scheduled for 5th January 2022 with a launch market cap of $90,000 and a hard cap of 100 BNB. The decentralized Launchpad will first roll out on Binance Smart Chain (BSC), followed by launches on Polygon, Avalanche (AVAX), and Fantom.

Herd Ventures is looking forward to collaborating with their new strategic partner to foster a world thriving on the blockchain.

About Herd Ventures

Herd Ventures is a VC that helps bring capital to A-list blockchain companies building the Open Economy. The investment firm strives to automate and make the investment process seamless via its intuitive Contribution dApp that allows for One-Time Registration.

The company leverages a traditional long-term venture approach to provide funding and marketing support to new crypto projects with high growth potential. The Herd network spreads across multiple continents, including Asia, Africa, and Western Europe.

The VC boasts in-house developers, marketers, legal, and designers who add value to projects and provide sustainable returns to investors. The Herd is constantly onboarding the slickest and most creative blockchain projects working to usher in the decentralized revolution. 

Follow Herd Ventures on Twitter and Medium to get the latest updates on new developments.

About Multistarter

Multistarter is the best Launchpad for professional developers looking to seamlessly launch a token or NFT sale. The platform thoroughly vets all prospective tokens and NFTs for the Launchpad, guaranteeing that only safe projects make it to the public.

Holders of the $MSTART native token are guaranteed allocation for upcoming projects. The longer users lock their $MSTART in the staking contract, the higher the allocation they are granted.

Staking $MSTART offers holders a constant passive income earning stream. Crypto enthusiasts can also generate returns by farming and holding stables to earn a high APY on their assets.

To connect with the Multistarter community and keep up with the latest developments, check out the resources below:

| Website | Telegram  | Twitter |


Binance-backed shark metaverse StarSharks raises $4.6 million in private roundh

Singapore, Singapore, 24th December, 2021, StarSharks – a community-driven gaming ecosystem dedicated to players creating, sharing and building together – is thrilled to announce the closing of a $4.65 million private round. The shark metaverse will use fresh funds to build exciting new games and nurture the community. The private placement saw participation from dozens

Angel Round led by Swiss crypto boutique CoinNexus

WallStreetNinja “the Unstoppable Ecosystem” (aka WSN) is a clear example of how the computing space under the premise of a Web3 can generate an irruption within a disruptive technology such as blockchain: possibilities of multi-chain decentralized products and decentralized applications interconnected through a single session and without frictions via the WSN Web DApp at internet speed.

In order to alter the decentralized sector and support a set of innovative projects in the blockchain space, CoinNexus has become an early-stage backer of WSN by leading the angel round to grow this disruptive project along with other high-profile partners such as DarkPool Ventures and Midas Touch Consulting, who led the incubation of WSN.

CoinNexus is a Swiss-based Crypto Boutique firm with both founders combining more than 20 years of experience operating within the decentralized technology sector. The core business of CoinNexus is managing its own portfolio of crypto-assets and brokering selected projects to its clients along with consulting. 

Regarding the alliance, Fabio Bossi, Vice-President  of CoinNexus, stated "We were highly impressed with the professionalism and deep commitment of the team. WSN is one of the most interesting projects we've come across in recent years and it has the potential to bring decentralization to the masses." 

With this new alliance and partnership, WallStreetNinja will receive a strategic investment that not only provides capital, but also advice from an experienced team in the space of financial markets, cryptocurrencies and technology. This will help diversify the options of generating value to users of the WSN ecosystem.

In this regard, the team behind WallStreetNinja stated that “the entry of CoinNexus to the group of investors who believe in WSN's unique and revolutionary proposition in the decentralized sector, is a sign of the growing interest of institutional investors in up and coming decentralized ecosystems.”

Contacts:

CoinNexus

Swiss-based bespoke firm offering innovative crypto brokerage solutions to institutional and HNWI clients. Innovations include automated buying and selling of bitcoin (BTC) via their institutional-grade fully integratable API interface.

Contact: [email protected]
Follow CoinNexus developments on: Website

WallStreetNinja

WallStreetNinja (WSN) provides users simplified access to a decentralized ecosystem's chain of their choice from a single web app. WSN is taking the self custody wallet segment to the next level through decentralized computing and blockchain relays.

Contact: [email protected]
Follow WallStreetNinja's developments on: Website

Telegram Announcement | Telegram Chat | Twitter | Gitbook

Telos Raises Eight Million Capital to Boost EVM Ecosystem and Maximize Growth Opportunities

-- Telos (www.telos.net), one of the most active blockchain platforms in the world according to Blocktivity, today announced that a group of six prominent crypto investors, led by John Lilic, ConsenSys and Polygon investor, co-founder and board member of Code to Inspire, have invested eight million USD into a strategic deal, which will provide a major capital breakthrough as Telos launches the most advanced Ethereum Virtual Machine platform to date. 


To date, the Telos blockchain has funded itself entirely from bootstrapping with no large investors. With this sale, Telos aims to secure a firm source of liquidity and ongoing funding for development and marketing without needing to resort to TLOS token sales in the event of a prolonged bear market over the next year. In addition to the eight million raise, the investment group will provide Telos with deep industry connections and deal-making expertise to accelerate the whale-less network's inroads into the crypto establishment. The Telos community will reap the benefits of the wealth of skills, expertise, knowledge and relationships brought in by five proven investors as Telos continues to ramp up for major new exchange listings and a flourishing DeFi ecosystem with Telos EVM that is now completing its mainnet launch.


As a uniquely grassroots project that never had an ICO or VC investment round before or since its 2018 mainnet launch, this strategic deal represents the first large investment in Telos by any group, with approximately 1.7% of the total Telos token supply being purchased. The investors entered the agreement via a community liaison when $TLOS tokens were trading at $0.90 USD and agreed to pay a $0.10 USD premium on the market price. In total, eight million tokens were sold at a price of $8 million USD and split between investors, with a maximum of two million tokens available to any individual investor within the group.


“Telos has walked a challenging path over the last three years without engaging the well funded, well connected investors common to other blockchain networks. While this preserved our identity as an egalitarian, self-governing community, it left us exposed to the risks of continuing to fund our explosive growth through extended bear markets. With this strategic investment, Telos welcomes partners who see our long term value, provide crucial connections and guarantee our ability to continue building our real-world-ready tools regardless of market conditions. At the same time, it further de-risks the ability for Telos to grow without sacrificing token support or community sustainability,” said Douglas Horn, Telos chief architect and whitepaper author. “I'm grateful for every single new Telos founder who joins us, but the investing track record of this group is particularly impressive. It's been rewarding working with them already, even before the deal was consummated. I see John and his group as true believers and partners in Telos's unbridled success. Frankly, these guys are badasses who have picked winner after winner, so it's thrilling to believe that they see the same potential in Telos.”


The funds sold were originally approved by a community vote in December 2020 and allocated by the community-elected Telos block producers as part of the Telos T-Bond NFT sale of January 2021 valued at $0.20 per TLOS. The community-selected stakeholders overseeing this allotment unanimously agreed to release the remaining funds for the strategic sale at five times the originally approved price, given the alignment provided by this investment round and the overall benefits to Telos. The arrangement enjoyed unanimous support from both the Telos Core Developers and Telos Foundation who recognized the strategic benefits of bringing in experienced investors.


The eight million USD in funds has been distributed to the network's Ethereum gnosis safe. Fund will primarily be disbursed to the Telos Foundations for marketing, Telos Core Developers for development and the community-managed Telos liquidity fund, which will provide a massive boost to its ecosystem as a whole via increased development, marketing and network liquidity.


The full Telos Technical Roadmap 2021 can be viewed here


ABOUT TELOS

Telos is the only blockchain that runs smart contracts written for both of the leading platforms: EVM/Solidity and EOS.IO/C++. Telos EVM is the most powerful and scalable Ethereum Virtual Machine available. Telos native leverages the speed, scale and power of EOS.IO smart contracts and boasts features like the Telos Decide governance engine for DAOs and dapps. Together, these create a smart contract platform built to power the mass adoption power Web 3.0. For more information, please visit telos.net

KuCoin Labs Invest in Huobi-backed SocialFi Platform to Expand into Metaverse & NFT Space

Kucoin-labs-x-torum

Press Release: The latest strategic investment in emerging SocialFi startup Torum from KuCoin Labs will empower the development of a SocialFi Metaverse powered by VR and Web3.0 technologies.    4th November 2021, Kuala Lumpur, Malaysia — Following the strategic investment of Huobi Ventures and 20 other prominent crypto VCs, Torum SocialFi platform is excited to […]

The post KuCoin Labs Invest in Huobi-backed SocialFi Platform to Expand into Metaverse & NFT Space appeared first on Bitcoin PR Buzz.

Bitcoin PR Buzz - World´s First Crypto PR Agency with 9+ Years, 900+ clients, 1500+ press releases

Somnium Space Unveils Plans to Build its Own Standalone Headset

Social virtual reality (VR) platform Somnium Space already dropped one announcement today and now it’s released a whole load more! Highlighting some exciting...

Somnium Space Expands Metaverse Ambitions With Teslasuit Investment

There’s no escaping the current “metaverse” buzzword at the moment with the topic likely the centre of attention later this week. One platform...

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