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...

Sybbex leads fintech innovation from Ireland

Sybbex, emerging from Ireland’s renowned tech-savvy environment, announces a global innovation in the fintech sector. This strategic launch aims to transform global financial markets through blockchain and cryptocurrency technologies. Located in Ireland, a country celebrated for its advanced financial legislation and strong economic framework, Sybbex is introducing groundbreaking fintech solutions to revolutionize traditional trading systems. Ireland’s Role as a Innovation Hub of Finance: Ireland’s global recognition as a fintech innovation hub provides Sybbex with unparalleled strategic advantages....

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").

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