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startups
Solana Commits $100M to Support South Korean Crypto Projects
Solana will pump up to $100 million into South Korean crypto startups as it looks to penetrate a developer market still reeling from last month’s Terra ecosystem collapse. “The Hash” team discusses the investment and why Solana is courting South Korea’s crypto games development sector.
Blockchain Infrastructure Startup InfStones Raises $33M in Series B Funding
InfStones is among a crop of firms aiming to become the AWS of Web 3.
DeFi Protocol Element Finance Raises $32M in Series A Round
Polychain Capital led the round, which also included Andreessen Horowitz and other previous investors.
El Salvador’s State-Owned Banco Hipotecario Taps Four Crypto Startups for Blockchain Products
The four-member alliance is already working on products to boost financial inclusion with bitcoin in the Central American country.
Colombian Fintech Movii Raises $15M in Series B Round
Movii said that it was targeting some of the funding to develop a bitcoin purchasing service.
US Lawmaker Proposes Safe Harbor Bill, Echoing SEC Commissioner Peirce
The “Clarity for Digital Tokens Act of 2021″ would carve out space for crypto projects to launch tokens without irking securities regulators.
Crypto Gains Ground in Latin America Amid Venture Capital Boom
Venture capital funds invested more than $6 billion in Latin America in the first half of 2021, versus $4 billion in all of 2020.
India’s Crypto Startups Come of Age, Despite Uncertainty
Despite regulatory confusion, blockchain startups in India are finally garnering investor interest and economic stability
Australian Lending Startup Loda Gets $15M to Further Crypto Collateralization Efforts
Loda is among the first of its kind in the country that allows users to borrow Australian dollars against crypto, its CEO said.
Alan Howard Adds to Crypto Spending With Investment in Two Startups
The latest investment comes a day after Howard announced a $4 million investment in Asian crypto trading app Kikitrade.
