Blockchain

JPMorgan has teamed with Indian banks to test the potential of blockchain technology to provide 24/7 settlement services for Indian FIs. 

Jia, a FinTech startup focused on blockchain-based lending, raised an impressive $4.3m in seed funding. 

Auradine, a firm that specialises in web infrastructure solutions including blockchain, security and privacy has raised $81m in funding.

River, a Bitcoin technology and financial services startup, has successfully raised $35m in a Series B funding round.

It is easy for Ethereum and other smart contract network users to be overcome with excitement for the opportunities the technology provides that they are not aware how risky trading on-chain can be. OMNIA, a blockchain infrastructure provider to protect systems, has explored the risk of frontrunning. 

Webb Protocol, a privacy system for cross-blockchain asset transfers, has raised $7m in a funding round co-led by Polychain and Lemniscap.

Entendre, the first fully automated accounting and bookkeeping solution for Web3 companies, has bagged $4m in seed funding.

Cata Labs, a company building an open-source protocol to provide liquidity between modular blockchains, has secured $4.2m in seed funding.

Thetanuts Finance has closed an institutional funding round on $17m, as it looks to create a buy-side altcoins options market.

Fractal, an infrastructure provider enabling institutions to clear, settle and margin digital assets on-chain, has scored $6m.