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Tag: $150 million

HSBC Earmarks US$150M for Venture Debt to Fuel Singapore’s Business Expansion – Fintech Singapore

HSBC has earmarked US$150 million for its venture debt offering that is aimed at scaling high-growth companies in Singapore. Through this initiative, high-growth, venture capital...

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India’s InsuranceDekho Raises US$60M in Second Fundraise for 2023 – Fintech Singapore

Indian insurtech firm InsuranceDekho has raised US$60 million in a Series B funding round, its second fundraise this year following its US$150 million Series...

SEC Chair Gensler faces bipartisan backlash over strict crypto regulations

In this issueSEC vs. Bitcoin ETFs: Lawmakers callNFTs: Down but not deadMixin: US$200 million lost in crypto hackFrom the Editor’s DeskDear Reader,It takes a...

Bitcoin, Ether flat; MicroStrategy adds to Bitcoin holdings

Bitcoin traded flat below US$26,300 Tuesday morning in Asia. Ether also edged up but remained below the US$1,600 mark. Most other top 10 non-stablecoin...

12 Fintechs Make it Into Forbes Top 100 APAC Companies to Watch in 2023 – Fintech Singapore

12 fintech companies have been named among the top 100 companies in Asia-Pacific (APAC) to watch this year, recognized by business magazine Forbes Asia...

How Singapore is redefining Web3’s public-private landscape

Historically anchored as a pivotal node in the global financial network, Singapore is now at the forefront of the Web3 revolution. Its legacy as one...

Crypto and Formula One’s honeymoon is over, can Web3 save a rocky marriage?

New blockchain use cases are showcasing the technology’s potential to disrupt industries, even as the extended cryptocurrency bear market continues to bite. From non-fungible...

Do you trust the smart contracts in charge of your crypto?

Last year was the worst year yet for Web3 hacks, with nearly US$4 billion in funds stolen, primarily from decentralized finance platforms. The cause...

Grayscale triumphs over SEC: A David vs. Goliath win in the crypto arena

In this issueSEC to review Grayscale’s ETF applicationNFTs: Next on the SEC’s hit list?Asia’s richest man eyes digital assetsFrom the Editor’s DeskDear Reader,Everyone loves...

Asia’s richest man bets on blockchain, CBDC

Mukesh Ambani, Asia’s richest man from India, said on Monday that his Reliance Industries Ltd. is exploring blockchain-based platforms and central bank digital currencies...

MAS Commits S$150 Million to Boost Financial Innovation in Singapore – Fintech Singapore

Singapore’s financial landscape is set to experience a significant boost as the Monetary Authority of Singapore (MAS) commits up to S$150 million over three...

Court Rules Ooki DAO Violated Federal Act And Is Fined Over $640k

Advertisement &nbsp &nbsp Through a June 9, 2023 press release, the Director of the Commodity Futures Trading Commission (CFTC) Division of Enforcement, Ian McGinley,...

A Deep Dive Into the Fintech Portfolio of Singapore’s GIC – Fintech Singapore

Singapore’s sovereign wealth fund, GIC Pte Ltd, remains optimistic about the growth potential within the fintech sector, even in the face of a downturn...

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