Zama raises $73M Series A lead by Multicoin Capital, Protocol Labs

Zama, an open source cryptography company building state-of-the-art FHE solutions to protect privacy in blockchain and AI, announced a $73M Series A round led by Multicoin Capital and Protocol Labs, with participation from Metaplanet, Blockchange Ventures, VSquared, and Stake Capital, as well as blockchain pioneers Juan Benet (founder of Filecoin), Anatoly Yakovenko (co-founder of Solana), and Gavin Wood (co-founder of Ethereum and co-creator of Polkadot). The funds will be used to hire talented engineers, software...

DMG Blockchain Solutions invests in Digital Asset Custody Solution

DMG Blockchain Solutions Inc., a vertically integrated blockchain and data center technology company, announces it has committed CAD $3.5 million to establish a Calgary, Alberta based independent digital asset custody solution for institutional clients. The capital commitment is part of DMG’s Core+ strategy and its mission to advance broader digital asset adoption by building credibility and trust in cryptocurrency and digital assets for investors. DMG will bring together secure institutional wallet solutions, strong insurance policies,...

DeFi Technologies Inc. acquires Solana Trading Systems IP

Strategic Acquisition: DeFi Technologies Inc. has completed the acquisition of intellectual property ("IP") central to the Solana blockchain, aligning with its strategic goal to enhance its presence in the Solana ecosystem. Technology Integration: The acquired IP includes advanced features such as liquidity provisioning and innovative trading strategies, crucial for the Company's growth in blockchain technology. Enhancing Trading Solutions: This IP is specifically tailored for the Solana-focused trading desk, a collaboration between DeFi Technologies and Valour Inc., aimed at elevating their trading solutions on the high-performance Solana platform. Solana AUM: Solana is a cornerstone in Valour Inc.'s asset management, leading the company's Assets Under Management ("AUM").

Wirex partners with Gateway.fm to scale its ZK-powered WPay network

Wirex, a leading Web3 money app, has announced a strategic collaboration with Gateway.fm, a global multi-chain architecture decentralised blockchain infrastructure node provider. This partnership is set to revolutionise the scalability and efficiency of Wirex’s recently launched WPay Decentralised Payment Network. By teaming up with Gateway.fm and utilising their PaaS, Presto, Wirex wants to scale its Zero-Knowledge (ZK) powered WPay platform. With Presto, Wirex aims to enhance the network’s transaction throughput, reduce strain on the Ethereum mainnet, and provide users with a smoother...

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