- Fnality completes a $95 million Series B funding round, led by Goldman Sachs and BNP Paribas.
- Foresight Ventures acquires a majority stake in The Block at a valuation of $70 million.
- Web3 K-Pop project Modhaus secures over $8 million in Series A funding, with Sfermion leading the investment.
- BC Technology Group, the parent company of OSL, sells 90% equity of its wholly-owned subsidiary in Shanghai for 23 million RMB.
- Solana Foundation launches an exclusive Grants program worth $1 million for startups in the Chinese-speaking region.
- Boya Interactive, a Hong Kong-listed company, seeks shareholder authorization to buy up to $100 million worth of cryptocurrencies within a year.
- South Korea’s financial regulatory body establishes a virtual asset listing team, expected to release listing and delisting guidelines in the first half of next year.
- Pantera Capital states that, less than 5% of portfolio teams were significantly affected by the FTX meltdown last year.
- BlackRock states that there’s no attempt to launch an XRP EFT, the purported online BlackRock XRP document is fabricated.
- Ryan Wyatt, former president of Polygon Labs, joins Optimism as Chief Growth Officer.