CRYPTOCURRENCY
Oobit Secures $25M in Series A Led byTether and CMCC Globa
Oobit, a mobile crypto payments app, has closed a $25 million Series A funding round, led by Tether, CMCC Global, Anatoly Yakovenko, and 468 Capital.
CMCC Global's Titan Fund Secures $100M for Asian Blockchain Ventures
Hong Kong-based CMCC Global has raised $100 million for its Titan Fund, targeting early-stage blockchain start-ups primarily in Asia. The fund's first round saw participation from over 30 investors and comes amid a 70.9% YoY decline in global crypto venture capital investments.
Animoca Brands Secures US$20M for Mocaverse Expansion
Animoca Brands raised $20 million in a CMCC Global funding round to accelerate the Mocaverse project, a Web3-native tooling for gaming, culture, and entertainment. The funding will introduce Moca ID, a unique non-transferrable NFT collection, aiming to tap into Animoca Brands' 700 million potential users.
Gemini Co-founder Tyler Winklevoss Shares Excitement about Hong Kong's Crypto Leadership
During Gemini's global tour, co-founder Tyler Winklevoss had an insightful meeting with Hong Kong's regulatory authority for crypto, the SFC (Securities and Futures Commission). Expressing his enthusiasm, Winklevoss took to Twitter to share his thoughts on the city's thoughtful and clear approach to crypto regulation.
H.K.-based CMCC Global's Crypto Fund Targets $300M, Drawing Tycoon Richard Li's Attention
The CMCC Global Asset Management Ltd's target of $300 million in assets for its latest crypto fund is attracting investors like Hong Kong tycoon Richard Li, allowing them to bet on blockchain and its applications.