Gate Ventures invests $20m in BNB Incubation Alliance

Gate Ventures, the venture capital division of Gate.io, has committed $20 million to the BNB Incubation Alliance.  The alliance is a collaborative initiative by Binance Labs and BNB (BNB) Chain, is designed to support blockchain and Web3 startups with funding, mentorship, and technical assistance, according to a Gate.io release. The BNB Incubation Alliance aims to […]

Oak Grove Ventures invests $5M in DuckChain to advance blockchain innovation

DuckChain’s goal of enabling decentralized apps within the Telegram ecosystem is supported by the $5 million investment from Oak Grove Ventures. Oak Grove Ventures has publicly disclosed a $5 million investment in DuckChain, an innovative blockchain platform that utilizes TON-based EVM solutions. Several well-known companies, including dao5, Tandem by Offchain Labs, Kenetic Capital, DWF Ventures, […]

OKX Ventures officially announces investment in USUAL

OKX Ventures invests in USUAL, a cutting-edge decentralized stablecoin backed by real-world assets. The investment division of the well-known cryptocurrency exchange OKX, OKX Ventures, has formally announced its investment in the Usual Protocol, a decentralized stablecoin issuer that seeks to transform the financial landscape. OKX Ventures Invests in USUAL 🌟 We’re excited to announce our […]

Binance Labs, Kraken Ventures back $10m round for stablecoin issuer Usual

Binance Labs and Kraken Ventures led the $10 million Series A funding round for Usual, a decentralized fiat-backed real-world assets stablecoin issuer. Usual, the RWA-backed stablecoin issuer that uses its USUAL token to distribute value and ownership, revealed the fundraising via X on Dec. 23.  The protocol said it had secured $10 million in the […]