HashKey Group, a prominent digital asset financial services group based in Asia, has successfully concluded a Series A financing round, securing nearly US $100 million at a pre-money valuation exceeding US $1.2 billion. The funding round witnessed active participation from existing shareholders, alongside the infusion of capital from new investors, including notable institutional investors, leading […]
The HBAR Foundation, Algorand Foundation, Hashgraph Association, Swirlds Labs, DLT Science Foundation, and industry partners The Building Blocks and BankSocial, have joined forces to establish the Decentralized Recovery Alliance (DeRec). This alliance, unveiled at the CFC St. Moritz conference in Switzerland, aims to develop an interoperability recovery standard that will revolutionize the recovery and adoption […]
Centrifuge, the platform for onchain finance, has announced a strategic investment from Web3 Foundation, known for stewarding Polkadot. Web3 Foundation will invest part of its treasury into real-world assets (RWAs) via Centrifuge, beginning with a $1 million pilot investment. This initiative aligns with Web3 Foundation’s strategic mission to promote Web3 projects through funding, advocacy, and […]