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Jia, a blockchain-based lender of small businesses in emerging markets, raises $4.3 million seed

TechCrunch

Jia, a blockchain-based fintech providing loans to micro and small businesses in emerging markets, has raised $4.3 The fintech plans to use the funding to double down on its operations in Kenya, and the Philippines, before exploring new markets in West Africa, Latin America, and Asia.

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The Blockchain battlefront: Technology, business, and regulation

CIO

The great regulatory bureaucracy has awakened to the significance of blockchain-enabled technology, led by the SEC. . The new engine of innovation that the crypto markets looks a lot like the corporate stock shares we are familiar with, except with fewer intermediaries and less (you guessed it) regulation. Something else?

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NFT market OpenSea hits $1.5 billion valuation

TechCrunch

Despite a fall from stratospheric heights in the early summer, the broader NFT market has still been chugging along, and OpenSea is continuing to see plenty of action. One of the company’s clearer growth roadblocks has been infrastructure issues native to the Ethereum blockchain that its marketplace has been built around.

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Japan’s gaming blockchain builder Oasys raises $20M in private token sale

TechCrunch

Whether they do it out of a fear of missing out or genuine belief in blockchain technologies, the trend appears irreversible at least for now, as investment keeps pouring into the industry. Oasys, a Japan- and Singapore-based startup that’s building a blockchain for gaming developers, has just raised $20 million.

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Indian crypto entrepreneur’s blockchain venture seeks seed funding at $200 million valuation

TechCrunch

Shetty is raising $20 million to $30 million in a seed financing round for his blockchain startup Shardeum, sources said, requesting anonymity as the deliberations are ongoing and private. The L1 blockchain will also provide ways to help Ethereum developers transition to Shardeum and maintain stable gas fees, it said.

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Why TransUnion led blockchain fintech Spring Labs’ $30M Series B

TechCrunch

Consumer credit reporting agency TransUnion recently announced it had invested an undisclosed sum in Spring Labs, which is building out a blockchain-based data-sharing platform. We’re exploring standing up unique information sharing networks.”. Markets at TransUnion, is taking a seat on Spring Labs’ board.

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Primitives wants to turn your crypto wallet into a social network

TechCrunch

DJ Gabeau, one of Snapchat Stories’ earliest engineers and founder of web3 social network Primitives , told TechCrunch that he thinks NFTs can be a genuinely enjoyable way for people to connect with one another digitally and make memories.

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