Huobi Global launches $1B DeFi, Web3 focused investment arm
Huobi Global has launched a new investment arm focused on decentralized finance (DeFi) and Web3 initiatives, demonstrating the growing interest in the blockchain economy among venture capitalists. According to a Huobi spokeswoman, the new investment arm, dubbed Ivy Blocks, has over $1 billion in crypto assets under control to deploy. The funds will be used […]
Cronos launches $100M DeFi, Web3 accelerator program
Crypto.com’s Cronos has announced the introduction of a $100 million accelerator program to help drive breakthroughs in areas such as decentralized finance (DeFi), Web3, and Metaverse. The Cronos Accelerator Program, which is driving the initiative, is supported by $100 million and is designed to assist crypto companies in the seed and pre-seed phases that are […]
Singaporean firm NGC ventures launches $100M Web3, metaverse fund
NGC Ventures, a crypto-focused venture firm backed by Babel Finance and Huobi Ventures, has created a new ecosystem fund exclusively for Web3 and metaverse projects. Babel Finance, Huobi Ventures, Nexo Ventures, Altonomy, and GBIC were among the investors in NGC Metaverse Ventures, the company’s third blockchain fund. According to Roger Lim, general partner of NGC […]
Google is hiring talents for its Web3 initiative
Google is looking for a full-time individual to oversee its global Web3 marketing initiatives, after the formation of a Web3 team under Google Cloud on May 6. According to the job posting, Google Cloud is hiring a ‘Head of Product Marketing’ who will be responsible for increasing awareness of Google Cloud’s Web3 projects as well […]
Dubai Grants Ex-Singapore Parliamentarian Calvin Cheng’s Web3 Company a Virtual Asset License
Singaporean investor and entrepreneur Calvin Cheng has established a non-fungible token (NFT) and fan token investment holding company in Dubai. – Ex-Singapore Parliamentarian Calvin Cheng forms the first regulated non-fungible token (NFT) and fan token investment holding company in Dubai.– The Dubai Virtual Asset Regulatory Authority (VARA) has granted the company a provisional license to […]