Author: RareHippo Press Release Network
Drife, the world’s first decentralized blockchain-based ride-hailing platform announced that former Uber Technologies, Inc. LatAm Head of Policy, Daniel Mangabeira Dantas, who now serves as a Strategic Investor and Policy Advisor for Drife, will help lead the company toward its planned global expansion. Dantas, who has over 20 years of experience in regulatory, policy, government, and institutional relations, is assisting Drife through the advanced stages of obtaining operational approval for Brazil, France, and Dubai, and will also help the company break into the US and Asian markets. Dantas states, “I truly believe that Drife’s business model, supported by token-based blockchain-intensive governance protocols, can…
Vinter, Europe’s fastest-growing index provider specialised in crypto assets, has announced that it has raised a further $3.4m as it continues to expand its range of crypto asset indexes for ETP and ETF issuers. The round, led by Octopus Ventures, and with participation from the Ricketts family office, D4 Ventures, Pfeffer Capital and notable angels including Gokul Rajaram, Marc Powers and David Chreng, provides yet another indication of the growing institutional demand for crypto index products. Accelerated by the SEC’s authorisation of crypto ETFs back in October, the market has experienced unprecedented growth as fully regulated providers have allowed investors…
Dexioprotocol (DEXI), a gaming and augmented reality crypto company, today announced they will list on the MEXC Global cryptocurrency exchange. MEXC is a top 20 exchange with daily volumes exceeding 500 million, according to CoinGecko. Trading Pair: DEXI / USDTDeposits: Open NowTrading: 22 February 2022; 03:00 UTC The listing on MEXC Global represents Dexioprotocol’s second top tier exchange listing and third centralized exchange listing. DEXI is already listed on Lbank Exchange, P2PB2B, and PancakeSwap. Prior to trading opening, Dexioprotocol is participating in the MEXC Kickstarter event, where users can vote in support of the listing using MEXC native coin (MX) for a share of tokens…
London-based digital asset technology provider BCB Group has closed a $60-million Series A round. The funding was co-led by Foundation Capital with participation from BACKED VC, PayU (the fintech and e-payments business of Prosus), Digital Currency Group, Nexo, Wintermute, Menai Financial Group, Circle, Tokentus Investment, Cowa, Profluent Ventures and LAUNCHub Ventures. Existing investors North Island Ventures, Blockchain.com Ventures, Rockaway Blockchain Fund, Pantera and L1 Digital also participated. This is the largest Series A funding round for a company in the blockchain industry in the UK. The company had earlier raised strategic funding round in March 2021, co-led by North Island Ventures and Blockchain.com Ventures. The platform offers business accounts, cryptocurrency, and foreign exchange market liquidity and custody for a significant number of the world’s…
Bahrain-headquartered onshore crypto assets exchange, CoinMENA Holding LTD (CoinMENA), has obtained a second cryptocurrency license from the European Union. CoinMENA will now be able to expand to new jurisdictions in the MENA region and beyond, as well as increase the number of crypto assets and crypto financial services on the platform. Launched in 2021 by Dina Sam’an, Talal Tabbaa, and Yazan Barghuthi, CoinMENA was built primarily to address a market gap that existed for easy and safe access to crypto investing. Today, as a fully regulated, onshore crypto exchange licensed by the Central Bank of Bahrain, CoinMENA has not only successfully bridged the gap…
Bengaluru-based crypto startup, Flint, has raised a $5.1 million seed round led by Sequoia Capital India and GFC. Coinbase Ventures, Hashed, IOSG, Better Capital, Antler India and MSA Capital also participated in the round as part of 11 institutional investors. Over 60 angel investors across the globe also participated in this funding round. The angel investors included Kunal Shah, founder, CRED; Sandeep Nailwal, co-founder, Polygon; Kunal Bahl, co-founder, Snapdeal via Titan Capital; comedian Tanmay Bhat, Abhishek Nag, director, Netflix; and Marc Bhargava, Strategy, Coinbase, among others. As per the company, the fresh capital will accelerate bringing early users on board,…
NFT Investments, an incubator specializing in the market for non-fungible tokens (“NFTs”), has proposed the acquisition of Pluto Digital PLC, a crypto technology and venture company, for a consideration of £96m. The acquisition, which is conditional on shareholder approval, will create a significant global metaverse company and advance NFT’s investments in the non-fungible tokens sector as the Pluto Ventures division has invested “heavily” in NFTs and NFT gaming. Pluto is currently working alongside Maze Theory to release video games that incorporate token economics to “empower the next generation of gamers”. Blockchain games, also known as Play2Earn, have created substantial value…
Hut 8 is striking into more traditional sectors of data processing with a $30-million acquisition of a Canadian-based business services provider. The cryptocurrency miner with major operations in Medicine Hat announced Thursday that it had finalized an all-cash offer for the purchase of TeraGo Inc. That firm has facilities in Toronto, Vancouver and Kelowna, a roster of 400 customers and, according to Hut 8 officials, will provide a platform to deal with non-crypto firms that employ blockchain in operations. “(The deal) diversifies Hut 8’s operations with a discrete, steady cash flow, that is uncorrelated to digital asset mining,” said CEO…
With 2021 now in the books, 2022 is already shaping up to continue t growth and expansion. Industry leader ICICB group is ready to revolutionise the industry with the release of the fastest blockchain in the world, designed to overcome the current limitations facing the leading networks. The project was originally unveiled at the 2021 Blockchain Innovation Summit in Dubai and came to fruition after the ICICB group partnered with the world-renowned video game maker Atari to create the Atari Chain and Atari token. The platform is ushering in a new wave of adoption for blockchain technology and cryptocurrencies as…
Today, SIX welcomes Invesco Digital Markets PLC as a new issuer of crypto Exchange Traded Products (ETPs).With the Bitcoin ETP listed by Invesco, a total of 225 ETPs and Structured Products with cryptocurrencies as underlyings are offered for trading at SIX Swiss Exchange. “Trading in passive products with cryptocurrency underlyings is enjoying growing popularity among institutional and private investors. Structured Products and ETPs offer a convenient and well established investment process to do so. Bitcoin is the most liquid cryptocurrency with the largest market capitalization and we are proud to have more than 50 products on this cryptocurrency on our…