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“# Kevin Durant and Rich Kleiman’s Thirty-Five Ventures to create NFT drops with Coinbase ” On Wednesday, Thirty Five Ventures, a venture capital firm co-founded by NBA star Kevin Durant and sports manager Rich Kleiman, announced a business partnership with Coinbase. Under the agreement, Thirty Five Ventures will work jointly with Coinbase to create nonfungible…
“# The Graph awards $48M to GraphQL developer The Guild ” The Graph Foundation has announced a $48 million funding grant to open-source API platform The Guild in a bid to advance usability and performance of the networks subgraphs. Joining as a core network developer, The Guild will provide vast experience from its time managing…
“# Crypto payments solutions firm Ramp raises $53 million to increase adoption of dApps ” On Wednesday, crypto-fiat gateway payments provider Ramp announced it had raised a $52.7 million Series A funding round led by Balderton Capital, NFX, Galaxy Digital, Seedcamp, Firstminute Capital, and angel investors. Ramp allows its partner brands to offer crypto-enabled services,…
“# SEBA Bank launches regulated gold token to enable digital ownership of physical gold ” On Dec. 15, SEBA Bank, a licensed Swiss digital assets banking platform, launched a regulated digital token backed by physical gold and exchangeable for delivery. SEBA claimed that due to its regulatory-compliant nature and the low volatility of gold prices,…
“# Cove Markets to join Robinhood Crypto in latest acquisition ” Cove Markets, an API platform that enables users to trade across multiple centralized exchanges and manage aggregate financial data, will become part of Robinhood Crypto, as announced by the discount brokerage late Tuesday. Traders and investors can connect up to seven exchanges, including Coinbase…
“# Mintable app to support minting NFTs on the layer two Immutable X protocol ” Mintable marketplace announced its partnership with Immutable X, a StarkWare-based layer-two solution for nonfungible tokens (NFTs) on Ethereum, to make over 24 million NFTs on Immutable X available for sale on Mintable. This integration will enable users to deposit ETH…
“# NYDIG raises $1B in funding, valuation now $7B ” On Tuesday, New York Digital Investment Group, or NYDIG, a financial institution specializing in Bitcoin financial services such as savings accounts, trading brokerages, 401(k)s, etc., announced it had secured a $1 billion equity investment led by WestCap. The funding places its valuation at nearly $7…
“# MGA Entertainment and Ioconic launch L.O.L. Surprise NFT platform in 20,000 retail stores worldwide ” Toy company MGA entertainment announced Tuesday that the first NFT-based cards for the L.O.L. Surprise trading card game are now available for purchase. The company entered into a partnership with digital asset consultancy firm Ioconic in September, and now hopes that the…
“# Wells Fargo partners with HSBC to settle FX transactions using blockchain ” Wells Fargo has partnered with HSBC to use its blockchain tools for the settlement of bilateral foreign exchange (FX) transactions. Wells Fargo would use the HSBC-developed FX Everywhere platform for interbank FX transactions. Developed by HSBC in 2018, the blockchain settlement platform…
“# Umbrella Network launches $15M oracle accelerator program ” Decentralized oracle service Umbrella Network has launched a new accelerator program for projects looking to build data pipelines to the cryptocurrency market, a process that many within the industry believe is necessary to grow the emerging domains of blockchain gaming, DeFi and the Metaverse. The $15…