ZEN INVESTING
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.
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.