Embedded Finance, Web3 & ESG Lead 2023 Fintech Investment: FIS

Key facts   A global study of 2,000 executives at firms across markets revealed plans to increase investment in embedded finance, environmental, social, and governance (ESG) frameworks, and decentralized finance in 2023, including cautious optimism towards cryptocurrency. 44% of financial services firms’ executives across the globe say they will invest significantly in developing embedded finance products in 2023 as consumers demand more convenient ways to pay, bank and invest. Nearly two-thirds (61%) of all non-financial...

Klaytn develops Metaverse Museum showcasing tech infra & ecosystem

Developed in celebration of Klaytn’s 3rd anniversary, the Klaytn Metaverse Museum is free for all visitors. Through collaboration with Klaytn-based projects, exclusive non-fungible tokens (NFTs) will be minted and air-dropped to museum visitors. Klaytn, an open-source blockchain ecosystem backed by internet giant Kakao Corp, has developed a Metaverse Museum in celebration of its 3rd anniversary. The Metaverse Museum is built on the ZEP open metaverse platform, and can be accessed here. The Klaytn Metaverse Museum seeks...

Request Finance closes a $5.5 million seed round

Request Finance, the Web3 enterprise crypto payments startup, has closed a $5.5 million seed round with institutional backers including Animoca Brands, Europe’s leading early-stage venture capital investor Balderton Capital, and XAnge. The seed round also attracted a star-studded lineup of Web3 founders including Sebastien Borget co-founder and COO at The Sandbox, Michael Kong, CEO of Fantom, and Stani Kulechov, founder and CEO of Aave, and Julien Bouteloup, Founder of StakeDAO. The fresh round of capital will support the company’s efforts to expand its...

Kiya.ai launches India’s first-ever Banking Metaverse – Kiyaverse

Ever imagine being able to visit the bank branch virtually (without leaving home) or conveniently discussing investment plans with an advisor? Well, the day is not far when individuals will be able to transact, access banking information and avail various banking products from the comfort of one’s home. Kiya.ai – one of the most innovative digital solutions providers serving financial institutions and governments globally, today announced the launch of India’s first-ever Banking Metaverse – Kiyaverse. Kiyaverse pioneers use cases...

RECUR to Expand to Avalanche Blockchain

RECUR is expanding to the Avalanche Blockchain, enabling RECUR users to move its NFTs to Avalanche, and use them across wallets, marketplaces, and other applications built using the Avalanche blockchain. By integrating with Avalanche, RECUR is ushering in a new era for interoperability for intellectual property from the world’s most iconic brands to seamlessly flow across Web 3.0 communities. Additionally, EIP 2981, the NFT Royalty Standard co-authored by RECUR, is expanding into the Avalanche ecosystem...

Crypto Startup KaJ Labs Raises $400M Seed Round

KaJ Labs made headlines with the announcement of its blockchain platform Lithosphere and its unique interoperability capabilities. The foundation just announced that Lithosphere has sold $400 million LITHO tokens to Global Emerging Markets (GEM) digital, Four capital and individual investors. GEM is a $5 billion alternative investment group based in the Bahamas. This deal marks as the second largest startup seed round raised in 2022 so far. ber of individuals with the opportunity to add the cryptocurrency to their portfolios. Lithosphere’s Jot Art Metaverse recently launched a...

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