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Ex-Binance executives launch $100 million crypto fund for Latin America and Africa

Ex-Binance executives launch $100 million crypto fund for Latin America and Africa

Old Fashion Research, a group founded in 2021 by the former executives of Binance has launched a $100 million fund to support crypto adoption and expansion in emerging markets– Latin America and Africa. * The funds will focus on supporting metaverse and cryptocurrency projects in the regions. * The group has earlier

Singapore's blockchain VC firm NGC Ventures raises $100 million

Singapore's blockchain VC firm NGC Ventures raises $100 million

NGC Ventures, a Singapore-based blockchain and financial technology firm has raised $100 million in its new funding round to support web3-focused projects. * The crypto firm will fund early-stage projects in web3 including decentralized finance (DeFi), non-fungible tokens (NFTs), and GameFi (blockchain-based play-to-earn games using DeFi and NFTs). * Babel Finance, Huobi

UAE-based crypto edtech platform Coinmarketpedia raises $2 million

UAE-based crypto edtech platform Coinmarketpedia raises $2 million

Coinmarketpedia, a UAE-based edtech platform focusing on decentralized crypto and blockchain has raised $2 million in its pre-seed funding round. * Coinmarketpedia provides educational services on cryptocurrency and blockchain including trading activities. * The edtech startup plans to use the funds to grow its services, hire more talents and improve its marketing

Philippines-based crypto firm Coins.ph raises $30 million

Philippines-based crypto firm Coins.ph raises $30 million

Coins.ph, [https://coins.ph/] a fiat and crypto wallet service provider based in the Philippines has raised $30 million in its Series C funding round led by Ribbit Capital with participation from other investors. * The funds will help the company to scale its web3 ecosystem, P2E gaming and crypto-related

Congolese Web3 startup Jambo raises $30 million in Series A

Congolese Web3 startup Jambo raises $30 million in Series A

Jambo, [https://jambo.technology/] a Congo-based startup building a Web3 user acquisition platform has raised $30 million in its Series A funding round from Paradigm, [https://www.paradigm.xyz/] an investment firm focusing on crypto/web3 companies. * Launched in 2021, Jambo combines education, collective access to play-to-earn games and a

Crypto exchange platform Mara raises $23 million

Crypto exchange platform Mara raises $23 million

Mara, [https://mara.xyz/] a crypto exchange platform based in Nigeria and Kenya has raised $23 million to build a pan-African cryptocurrency exchange platform. * Mara is building a decentralized alternative for transactions in Africa through its digital financial system. * The startup operates with a product suite including Mara wallet, an