Technology Updates

The Dutch central bank has reportedly fined crypto exchange Binance ?3m for offering services without proper registration.

Onramp Invest, which provides advisors with cryptoasset management tools, has raised $7m in its Series A funding round.

With backing from Munich Re, Chainproof, which aims to “insure the future of Web3” has officially launched.

Indonesian crypto asset trading and investment app PINTU has closed its Series B on $113m. 

Qredo, a developer of digital asset management infrastructure, has closed its Series A on $80m, which puts its valuation at $460m.

Backbase, which created an engagement banking platform, has raised €120m in growth equity funding from Motive Partners.

YAS MicroInsurance (YAS), an Asia-Pacific-based insurance blockchain frontier, is partnering with telematics InsurTech Amodo, to delivery autonomous insurance on-chain.

Solidus Labs, a provider of crypto-native risk monitoring and market surveillance, has raised $45m in Series B funding led by Liberty City Ventures.

SureCam, a provider of video telematics technology for small and midsized businesses, has closed a $11.5m funding round.

Amberdata, a provider of digital asset data, has scored $30m in its Series B funding round.