FeaturedTechnologyWhalemap raises $1.6 mn in funding to simplify blockchain dataIFM CorrespondentDecember 10, 2021December 10, 2021 by IFM CorrespondentDecember 10, 2021December 10, 2021 The funding round was led by Shima Capital and Momentum6... Read more
BankingFeaturedStandard and Shinhan bank to test cross-border stablecoinsIFM CorrespondentDecember 1, 2021December 1, 2021 by IFM CorrespondentDecember 1, 2021December 1, 2021 Both the banks will use the decentralised public ledger Hedera Hashgraph, a blockchain technology... Read more
FeaturedTechnologyThe Africa Blockchain Centre raises funds to boost blockchain adoption in AfricaIFM CorrespondentOctober 27, 2021 by IFM CorrespondentOctober 27, 2021 It will focus on six African markets which are 6 Africa markets of Tanzania, Kenya, Nigeria, Zambia, Uganda, and South Africa... Read more
FeaturedTechnologyBinance launches $1 billion growth fund to accelerate blockchain adoptionIFM CorrespondentOctober 13, 2021 by IFM CorrespondentOctober 13, 2021 Nearly half of the funds will be directed toward virtual reality and blockchain-based financial services... Read more
FeaturedTechnologyRipple to partner with Qatar National Bank to enhance cross-border paymentIFM CorrespondentOctober 5, 2021 by IFM CorrespondentOctober 5, 2021 The Qatari bank will pilot Ripple’s financial technology network RippleNet... Read more
FeaturedTechnologySaudi Arabia’s blockchain market is set to grow 41% by 2025: MinistryIFM CorrespondentSeptember 21, 2021 by IFM CorrespondentSeptember 21, 2021 The overall tech sector in the Kingdom is expected to hit SR100 bn by 2025... Read more
FeaturedTechnologyGlobal blockchain market to reach $104.19 bn by 2028IFM CorrespondentSeptember 14, 2021September 14, 2021 by IFM CorrespondentSeptember 14, 2021September 14, 2021 The market is set to grow at a CAGR of 55.8% between 2021 to 2028... Read more
FeaturedFintechStandard Chartered partners with Linklogis on blockchain trade finance platformWebAdminAugust 31, 2021 by WebAdminAugust 31, 2021 This move will also help determine how viable is the crypto technology in global trade... Read more
FeaturedTechnologySouth Korea-based Terraform Labs secures $150 mn from leading crypto investorsWebAdminJuly 19, 2021 by WebAdminJuly 19, 2021 The funds will be committed to the Terra Ecosystem Fund, which sponsors projects on the Terra blockchain... Read more
FeaturedTechnologyNFT marketplace Mintable raises $13 mn to scale its operationsWebAdminJuly 2, 2021 by WebAdminJuly 2, 2021 The company will use the funding to develop new products and make the process of buying NFTs easier... Read more