PE Tech Report

DeFi

SCB 10X invests in Ape Board

SCB 10X, the venture arm of Thailand’s oldest bank, has made another investment in the decentralised finance (DeFi) sector via the fast-growing asset aggregator and portfolio dashboard, Ape Board. The company aims to resolve poor user experience, complexities in generating yield and overcome fragmentation issues in DeFi.  “SCB 10X is

Arrington Capital launches USD100m fund to invest in Algorand-based initiatives

Arrington Capital, a digital asset management firm in blockchain-based capital markets, has launched a new USD100 million fund to support initiatives building on Algorand, a blockchain accelerating the convergence of decentralised and traditional finance.  The Arrington Algo Growth Fund (AAGF) aims to encourage and spur additional development on Algorand, which

Maven 11 Blockchain Venture Fund II raises EUR40m

Dutch blockchain investment fund Maven 11 Capital has raised EUR40 million which it will invest in start- and scale-ups creating innovative financial services and building Web 3.0. using blockchain technology.  The new fund is a direct response to the explosive demand for investment in, and mentoring of, start-ups in decentralised

Solana Foundation partners with OKEx and MXC

The Solana Foundation has partnered with cryptocurrency exchanges, OKEx and MXC, to launch two strategic investment funds that will bring USD40 million of new capital to accelerate the growth and development of key projects in the Solana ecosystem.  Solana’s layer 1 proof of stake network has grown at an exponential

Cryptocurrency prediction platform TotemFi raises USD255,000 in strategic funding round

TotemFi, a decentralised finance (DeFi) prediction markets platform for the crypto community, has closed USD255,000 funding round with a roster of strategic investors including DuckDAO, Nabais Capital, LD Capital, Alphabit, Altvest, Moonwhale Ventures, and Bluenode Capital. CEO Jolyon Layard-Horsfall says: “We couldn’t be happier with the strategic investors we’ve partnered

Pluto Digital Assets raises cUSD40m in third funding round

Pluto Digital Assets (Pluto), a crypto venture capital and technology company has closed its third and largest funding round to date. The round was led by Argo Blockchain which will be maintaining its c25 per cent stake with an investment of approximately USD10 million. Two other publicly traded companies, Pires

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