Heads of G20 are pushing for an international crypto framework

Edition #78 - 15 SEP 2023

Leaders of the 20 biggest economies in the world - collectively known as G20 - are pushing for a speedy implementation of a cross-border framework for crypto assets. The countries would exchange info on crypto transactions, wallet providers, and unregulated crypto exchanges on a yearly basis.

gaming developments

• ​​​​​​​​​​​​Web3 gaming superApp GAM3S.GG (ex Polkastarter Gaming) raised $2M in a Seed funding round from Mechanism Capital, Polygon Ventures, Double Peak Group, ArkStream Capital, LD Capital, ROK Capital, Hyperithm, SnackClub, Emurgo Ventures, Eden Network, MixMarvel DAO Venture, 4SV, TKX CAPITAL, SkyVision Capital, Compute Ventures.

• ​​Headquartered in Singapore gaming studio GamePhilos Studio raised $8M in a Seed funding round led by Xterio, ChainHill Capital, Animoca Ventures, SevenX Ventures, with participation from Hashkey Capital, Sanctor Capital, Game7 (GDC), Bas1s Ventures, GSR Markets LTD, Great South Gate (GSG).

metaverses & AI

• ​​​​​​Gamified NFT Metaverse Mocaverse raised $20M funding round led by CMCC Global, with participation from Kingsway Capital, Liberty City Ventures, GameFi Ventures, Koda Capital, Gabby Dizon.

• The potential of blockchain technology in building the decentralized world of Metaverse: a scientometric study and study clusters in the Metaverse field.

• ​​Collaborative entertainment platform Mythic Protocol raised $6.5M in a Seed funding round led by Shima Capital, with participation from Alpha JWC Ventures, Saison Capital, GDP Venture, Planetarium, Arcane Group, Presto Labs, MARBLEX Corp., Emurgo Ventures, Hyperithm.

defi

• ​​​​StarkWare DEX Brine Fi raised $16.5M funding round led by Pantera Capital, with participation from Elevation Capital, Starkware, The Spartan Group, Goodwater Capital, Protofund.

• Self-custody wallet Onboard raised $1.9M in a Strategic funding round led by Hashed Emergent, with participation from CMT Digital, Adaverse, Base Ecosystem Fund.

• ​​DeFi insurance platform OpenCover raised $4.6M in a Seed funding round led by NFX, Jump Crypto, with participation from Base Ecosystem Fund, Alliance DAO (ex DeFi Alliance), Orange DAO, Village Global.

• Universal Gateway to DeFi Asset Management Range Protocol raised $3.75M in a Seed funding round led by Hashkey Capital, Nomad Capital, with participation from Spark Digital Capital, Mirana Ventures, Symbolic Capital (ex Hyperedge Capital), Asymmetry Ventures (Asymm Ventures), Comma3 Ventures.

• ​​Decentralized social media platform Pop Social raised $4M in a Seed funding round from Fundamental Labs, Ceras Ventures, Chainlink, Cointelegraph Acceleration, proMatrix Capital, Prysm Group.

funding rounds

• ​​​​​​​​​​​​​​German Blockchain Report 2023.

• ​​Real-World Assets Protocol Helix raised $2M in a Pre-seed funding round led by Saison Capital, Superscrypt, with participation from Emurgo Ventures, Comma3 Ventures, Outlier Ventures, Emoote.

• ​​Blockchain innovation hub Seedify fund raised $10M funding round led by LDA Capital.

• ​​Singapore-based digital bank Flashwire raised $10M in a Series A funding round from Legend Trading, Cobo, Gate Labs, VeChain, CyberX, SuperChain Capital.

• High-performance layer-2 blockchain Layer N raised $5M in a Seed funding round led by Founders fund, dao5 (daofive), with participation from Kraken Ventures.

• ​​Network of Modular Move-Based Blockchains Movement Labs raised $3.4M in a Pre-seed funding round led by Varys Capital, dao5 (daofive), Blizzard, Borderless Capital, Cross-Chain Ecosystem Fund, with participation from Colony, Interop Ventures, Elixir Capital, BENQI.

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