EU finalizes law for tokenized securities. Premier League files for web3 trademark. Mastercard partners with web3 providers. Japan passes stablecoin law.
Things at European Blockchain Convention are crazy. With only 15 days left for our largest edition to date, over 1.000 attendees registered and sponsorships sold out, it is pretty clear that EBC22 will be a full house.
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Recap of the Week
EU finalizes laws for DLT pilot regime for tokenized securities
Mastercard partners with web3 providers to facilitate NFT purchases
Edge has launched the first Bitcoin Confidential Mastercard that does not require personally identifiable information
Optimism loses 20M tokens after L1 and L2 confusion
SEC is investigating Binance over its BNB token
New York releases regulatory guidance for issuing dollar-backed stablecoins
PayPal enables transfer of digital currencies to external wallets
Samsung dives deeper into Web3
Premier League files for web3 and metaverse trademarks
Solana Raises $100 Million to Support Crypto Projects in South Korea
Japan passes law that classifies stablecoins as "digital money"
Latest Funding Rounds in Crypto
Verse raises $2.4M in Seed Round · Founded in 2022 · Germany
Verse is an art-focused NFT platform that allows collectors to discover and acquire NFTs that have been hand-selected by trusted curators.
The funds will be used to connect collectors with top artists.
Round led by Paul Forster (Indeed.com), Ben Stephenson (Impala), Michael Daffey (Galaxy Digital), Jeremy Hindle (Integrity), Nick Shekerdemian (The Venture Collective) and Venrex VC.
Gilded raises $3.3M in Seed Round · Founded in 2018 · US
Gilded enables web3 organizations to scale with a solution that eliminates the complexity of crypto payments and financial reporting.
The mission is to empower a more global, connected workforce through the adoption of web3 technology.
Round Led by Bonfire Ventures, Basecamp Fund & others.
Cryptio raises $10M in Series A · Founded in 2018 · France
Cryptio is a financial data analysis tool for cryptocurrencies. It helps crypto CFOs & CPAs automate accounting, bookkeeping & tax reporting for their digital assets.
The funds will be used to build out the crypto accounting platform and for hiring, product development and expanding offerings.
Round led by Point Nine & others.
Floor raises $8M in Series A · Founded in 2021 · US
Founded by Chris Maddern, Floor tracks data on prices for NFTs.
When a user signs up and connects their wallet, they can watch NFT floor prices fluctuations and price histories.
The app is currently only available to the 3,500 Floor token holders, however with the funding it plans to open parts of the Floor platform to everyone.
Society Pass acquires Gorilla Networks
Terms were undisclosed
Society Pass is an ecosystem of platforms & technology-enabled companies that work together in transforming how consumers & merchants interact with one another in Southeast Asia and South Asia.
Gorilla Networks is a Web3 mobile virtual network operator that provides telecommunications services on the blockchain.
This acquisition for Society Pass will drive Southeast Asia’s Growing Demand for a New Meta-Economy Experience.
Meme of the Week
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