Web3 News & Insights

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Web3 News

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Your daily dose of Web3 news.

2 min

Midas Receives EU Regulatory Approval to Offer Tokenised Assets to Retail Investors

The tokenised real-world assets issuer has been approved to expand its tokenised U.S. Treasury bills and yield-bearing trade products to retail investors in Liechtenstein.

Nicholas Kitonyi

October 8, 2024

2 min

Web3 News

RedStone Launches Bitcoin Data Oracle with Support for Lombard’s LBTC

RedStone Bitcoin Staking Oracles will provide real-time data on staked Bitcoin and the Liquid Staking Tokens created on Ethereum.

Nicholas Kitonyi

October 8, 2024

2 min

Binance Backs ZKSync’s Layer-2 Network Sophon in an Undisclosed Token Round

Sophon previously raised $60 million in a node sale in May following a $10 million seed round secured earlier in the year.

Nicholas Kitonyi

October 3, 2024

2 min

Franklin Templeton Expands Tokenised RWA Money Fund to Aptos Blockchain

The OnChain U.S. Government Money Fund (FOBXX) launches with over $20 million in subscriptions on Aptos according to information shared with NFTgators.

Nicholas Kitonyi

October 2, 2024

2 min

Kin Tokenises $100M in Real Estate Trust Deeds on RWA-Focused Blockchain Chintai

The firm is initially offering a $5 million tranche with more offerings planned for the remainder of 2024 and early 2025.

Nicholas Kitonyi

October 1, 2024

2 min

Web3 News

Mawari Network Secures $10.8M Funding for Spatial Computing DePIN on Solana

The funding round was led by Anfield Ltd, Borderless Capital and 1kx, with participation from Animoca Brands Japan, Draper Dragon, Samsung Next and others.

Nicholas Kitonyi

September 26, 2024

2 min

Web3 News

Initia Secures $14M Series A Round for Its L1 and Interwoven System of L2s

Theory Ventures led the round with participation from Delphi Ventures and Hack VC.

Nicholas Kitonyi

September 25, 2024

2 min

Web3 News

Integrated Multi-Wallet API Daylight Secures $6M Seed Round

Union Square Ventures and 1kx co-led the round with participation from Framework Ventures and Chapter One.

Nicholas Kitonyi

September 24, 2024

2 min

Celestia Foundation Reveals $100M Fundraising Led by Bain Capital Crypto

The fundraising brings the total raised to $155 million following a $55 million Series A round announced in October 2022.

Nicholas Kitonyi

September 23, 2024

2 min

Web3 News

Drift Bags $25M Series B to Build the ‘Robinhood of Crypto’ on Solana

The company plans to use the funds to build financial tools for spot and derivatives trading and predictions market.

Nicholas Kitonyi

September 19, 2024

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