Elliptic taps Wells Fargo Strategic Capital for its $28m Series B round to fund...

Crypto-asset risk management solutions provider Elliptic is looking to expand further across the world thanks to new backing from Wells Fargo Strategic Capital, the specialised capital provider.

Russian central bank to initiate digital ruble pilot

The central bank of Russia has revealed it is planning to begin a pilot test for a digital ruble with 12 of the country’s top banks.

HYPR grabs $3m for blockchain biometric authentication

Blockchain biometric security company HYPR has picked up $3m in a new round of funding from RTP Ventures, Boldstart Ventures and Mesh Ventures.

EU mutual funds record-keeping platform IZNES closes its first funding round

IZNES, a blockchain record-keeping platform for EU mutual funds has secured an undisclosed strategic investment.

Celsius secures $30m in new investment round led by cryptocurrency company Tether International

Blockchain-powered income and lending app Celsius Network has bagged $30m in a new equity round with Tether, the largest stablecoin issuer with a 90% market share, as its lead investor.

Is the metaverse the next frontier for banks?

Ever since Meta, formerly Facebook, gave that presentation on its move to the metaverse, the virtual world has become more of a reality.

UPDATE: Cryptocurrency wallet Eidoo finishes ICO on $29.7m

Eidoo, which has launched a new ‘blockchain asset experience’, has concluded its ICO with $29.7m.

Algorand bags $62m round, months after closing its seed

Algorand, a blockchain and cryptocurrency solution for businesses, has secured $62m in its equity round.

Digital asset ecosystem Fireblocks said to raise $30m in its Series B

Fireblocks, which enables companies to build, run and scale digital assets in their ecosystem, has reportedly netted $30m in its Series B round.
Inswitch

Inswitch, Binance Pay link to boost LatAm crypto payment uptake

Embedded financial technology firm Inswitch has partnered with crypto payment technology company Binance Pay to expand the latter’s offering in Latin America.

News Stories

Lulalend

Digital lender Lulalend lands $35m Series B

Lulalend, a South African digital lender catering to SMEs, has finalised a $35 million Series B funding round.
UK

UK government floats plans for cryptoasset regulation

The UK government has unveiled proposals to put cryptoassets into the same regulatory regime as traditional financial services.
Eventus

Eventus launches Validus AML to help firms fight financial crime

Eventus has announced the broad introduction of Validus AML (VAML) to aid companies in finance and digital assets combat financial crime.
Greenspark

Greenspark lands £1m to aid firms measure climate action

Greenspark, a firm that encourages businesses to take climate-friendly actions, has scored £1m in a seed funding round.
cloud-native-insurance-platform-novidea-names-ben-ezer-to-senior-executive-team

Ezer joins senior executive team at InsurTech Novidea

Cloud-native insurance platform Novidea has appointed Eran Ben Ezer to its senior executive team to support the next phase of the company’s global growth.

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