NFT News Today Official TheBitTimes.com

The capital will be dedicated to supporting Web3 startups in Asia. Vietnamese Web3 coalition Ninety Eight, creator of the Coin98 decentralized finance (DeFi) ecosystem , has launched a $25 million ecosystem fund dedicated to accelerating Web3 startups in Asia. According to the Nov. 7 announcement, the fund will provide financial and strategic support for selected startups. In addition, startups can use the firm's existing Viction layer-1 blockchain infrastructure for low-gas fee transactions and enhanced security.  Another key aspect of the Ninety Eight Ecosystem Fund is its native token, $C98, designed initially as a wallet token. The $C98 token allows users to store, send, receive, and manage crypto assets, as well as connect to decentralized applications on over 40 blockchains. Its namesake DeFi platform provides users access to cross-chain swaps, staking, and yield farming. "To ensure the efficient deployment of the Ecosystem Fund, we have entrusted Arche Fund, a ventu...

On October 24, the Spanish crypto FinTech startup Atani announced the successful closing of a $6 million investment round. The funding round has been spearheaded by Cometa, a venture capital fund based in Mexico, and has seen participation from JME Ventures, Conexo Ventures, and CDTI, as well as a group of knowledgeable business angels specializing in Web3, including Neil Cunha-Gomes, who serves as the Head of FinTech and Crypto for EMEA at Softbank as per the latest information shared with Finbold. Atani is the crypto currency broker where over 300,000 investors may buy and sell any crypto currency. Safely trade thousands of tokens on the best exchanges in the world, do in-depth market research, and keep track of their holdings with just one account. Established in 2019, and it already has regulatory license from the Bank of Spain, as a Virtual Assets Service Provider, services customers from over 200 countries, and handles over $1.5 billion in trade volume every month. With thi...

Blockchain Capital secures a record $580 million in new funding to invest in emerging and later-stage crypto initiatives, focusing on decentralized finance, gaming, and blockchain infrastructure. The freshly obtained investment will be channeled towards budding and innovative startups specializing in diverse crypto sectors. This includes the trending decentralized finance (DeFi), crypto gaming , and the foundational infrastructure of these domains. We're thrilled to share the closing of 2 new funds – our 6th early stage fund and 1st opportunity fund. Together, they total $580 million and serve to reinforce our commitment to leading the global transition to decentralized, blockchain-based systems. ↓https://t.co/Vr2uYnGlF7 — Blockchain Capital (@blockchaincap) September 18, 2023 The San Francisco-based VC firm secured its funding through two novel funds. The firm’s portfolio, already boasting $2 billion in managed assets, is set to diversify even further.  D...