Ventures

Bankruptcy Move: FTX Ventures Cuts Deal with Dave for $100 Million Stake

Bankruptcy Move: FTX Ventures Cuts Deal with Dave for $100 Million Stake

Source: Sora Shimazaki / Pexels Dave, a fintech firm specializing in financial services through its mobile application, is set to acquire a $100-million convertible promissory note previously issued to FTX Ventures, the venture capital arm of bankrupt crypto exchange FTX.  The deal involves Dave purchasing the note at a discounted price of $71 million, pending […]

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KuCoin Ventures Release $20K Grant to Build TON-Based Mini-Apps

KuCoin Ventures Release $20K Grant to Build TON-Based Mini-Apps

Source: AdobeStock KuCoin Ventures, the investment arm of crypto exchange KuCoin, has pledged a grant of $20,000 to the Open Network (TON) blockchain platform. KuCoin Ventures to Provide $20K Grant to TON Ecosystem – The investment arm of crypto exchange KuCoin will provide a $20,000 grant to the TON network to fund ongoing initiatives in

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SC Ventures and SBI Holdings Launch $100 Million Crypto Initiative in UAE

SC Ventures and SBI Holdings Launch $100 Million Crypto Initiative in UAE

SC Ventures, the investment division of Standard Chartered Bank, and SBI Holdings, the Japanese financial conglomerate, have joined forces to establish a $100 million cryptocurrency initiative in the United Arab Emirates. The new vehicle, dubbed Digital Asset Joint Venture, will focus on companies involved in market infrastructure, risk and compliance, decentralized finance (DeFi), and tokenization.

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