ByteDance $140.00 4/7/2017 China Beijing Artificial intelligence Sequoia Capital China, SIG Asia Investments, Sina Weibo, Softbank Group SpaceX $127.00 12/1/2012 United States Hawthorne Other Founders Fund, Draper Fisher Jurvetson, Rothenberg Ventures SHEIN $100.00 7/3/2018 China Shenzhen E-commerce & direct-to-consumer Tiger Global Management, Sequoia Capital...

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Armed with some data from our friends at CrunchBase, I broke down the largest NYC Startup funding rounds in New York for April 2022.  I have included some...

Hong-Kong-based institutional custody service Hex Trust has raised $88 million in a Series B funding round co-led by Animoca Brands and Liberty City Ventures. The round includes both primary capital of $61 million and secondary investment of $27 million. In addition to Animoca Brands and Liberty City Ventures, other investors to participate in the round included Ripple, Terra, BlockFi, CoinList, Wintermute, Morgan Creek, Sino Global Capital, Primavera Venture Partners among others. Prior backers, including Kenetic Capital, HashKey Capital, and Fenbushi Capital, also joined the round. With the fresh funds, Hex Trust now looks towards expanding in the Middle East and Europe in addition to scaling its current team of 100 people to around 160 by the end of this year. Series B featured in @Bloomberg "#Blockchain will become the new infrastructure of the #financialmarkets, which requires institutional players providing infrastructure for institutional investors.”https://t.co/f50XWnK8aX — Hex Trust (@Hex_Trust) March 16, 2022   The latest Series B round brings Hex Trust’s total funding valuation to date to over $100 million. The company didn’t provide a specific valuation with this round but said it’s “10 times more” than the valuation at the time of its Series A round, which was $30 million which translates to at least a $300 million valuation currently. Licensed Crypto Firm in Singapore and Hong Kong Founded in 2018, Hex Trust offers crypto custody, staking, brokerage, and financing services to institutional clients with its licenses in Hong Kong and Singapore. The company has a capital markets services license from the Monetary Authority of Singapore and is registered as a trusted company in Hong Kong. Over the past year, Hex Trust has worked on blockchain projects like Algorand, Terra, Tezos, and Celo, as well as institutions like the UnionBank of the Philippines.

The post Crypto Custodian Hex Trust Raises $88M in Latest Series B Funding appeared first on Cryptoknowmics-Crypto News and Media Platform.

Hex Trust, an Asia-based digital asset custodian which is fully licensed in Hong Kong and Singapore with over USD $5 billion in assets under custody, has announced that it has closed its Series B funding round of USD $88 million. This funding round was co-led by Animoca Brands and Liberty City Ventures. Participants in the […]

The post Asia-based crypto custodian Hex Trust raises USD $88M in Series B appeared first on CryptoNinjas.

Hex Trust, an institutional crypto custodian based in Hong Kong, has raised $88 million in a Series B funding round.

The post Crypto custodian Hex Trust raises $88 million in Series B funding appeared first on The Block.

Nested, an all-in-one DeFi social trading platform based on financial NFTs, announced today that it has successfully closed its Series A funding round having raised $7.

Nested, a crypto social trading platform based on financial NFTs, today announced that it has raised $7.5 million in a Series A funding round. The round was led by macro and digital asset investor Alan Howard and also saw participation from Republic Capital, Kenetic Capital, and CMT Digital, among others. The platform enables users to […]

The post NFT-based crypto social trading platform Nested raises $7.5M appeared first on CryptoNinjas.

London, UK, Feb 28, 2022 - (ACN Newswire) - Gemie is delighted to announce the completion of the latest $3.8 million fundraising round led by Shima Capital, Infinity Ventures Crypto, and NGC Ventures. The funding will accelerate the development of the Gemie Marketplace and the entertainment-themed metaverse. Newman Capital, Soul Capital, Kenetic, Sparks Digital Capital, ICO Pantera, SL2, Oddiyana Ventures, Beyond NEXT, QUDAX LLC, and AVStar Capital also participated in the round.

Gemie's goal is to connect top-tier celebrities in Asia with their fans without geographical limitations through an immersive metaverse experience. Fans will be able to interact with their favorite stars and IPs by traveling through different virtual planets and enjoy exclusive perks with utility-focused NFTs. Fans can also show support by purchasing licensed digital collectibles through the Gemie Store.

The company has already reached partnerships with several high-level artist management firms and movie production houses in the region. With additional resources, the company will widen the discussions with more players in the entertainment industry. Gemie is expected to announce the first onboarding celebrity in early 2Q22.

John Fung, Co-founder of Gemie, said, "Pop culture and the entertainment landscape in Asia have their own dynamic and are very different from in the west. When you look at how K-pop has impacted the world, it's not hard to realize it's a powerful force. While we have seen western celebrities like Justin Bieber, Snoop Dogg, and Travis Scott are well received in the metaverse, things are still relatively behind in the East. We see huge potential for artists in Asia to embrace this new virtual way of fan engagement, and we are glad that our investors share our vision of bringing the Asia entertainment industry into the Web3 world."

About Gemie

Gemie is an Asia-based celebrity metaverse platform and premium NFT marketplace. The start-up was founded in 2021 and aims to reinvent the entertainment industry by directly connecting celebrities and fans through customized virtual planets and digital collectibles.

Social Links
Twitter: https://twitter.com/gemie_official
Medium: https://medium.com/gemie
Telegram: https://t.me/gemieofficial

Media contacts
Brand: Gemie
Contact: Janice Chan
E-mail: info@gemie.io
Website: https://gemie.io/

SOURCE: Gemie

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