JPMorgan, Temasek and the Monetary Authority of Singapore (MAS) have jointly developed a blockchain-powered cross-border payments system that is capable of making payments across a broad range of currencies on the same network. MAS, Singapore’s central bank, announced that the prototype network has the potential to improve cost efficiencies for…Continue Reading
Singapore-based on-demand staffing platform startup Workmate, formerly known as Helpster, announced that it has secured US$5.2 million in a Series A funding round led by Atlas Ventures, an early stage VC fund based in Singapore. The funding round also saw the participation of Beacon Venture Capital, the corporate venture capital…Continue Reading
Ho Chi Minh City plans to develop and implement a regulatory framework alongside policies associated with blockchain technology to ensure that the technology can flourish while minimizing potential risks when building a smart city, a top city official said at Saigon Hi-tech Park’s annual conference held last Friday. The city’s…Continue Reading
Singapore-headquartered DBS Bank and commodity trading company Trafigura are collaborating with Infocomm Media Development Authority (IMDA), the International Chamber of Commerce (ICC), Enterprise Singapore and tradetech Perlin to build a blockchain-powered open source trade platform, called the ICC TradeFlow platform. The platform is developed with an eye towards improving trade…Continue Reading
Vietnamese digital entertainment startup POPS Worldwide announced that it has secured US$30 million in an investment round led by Mirae Asset-Naver Asia Growth Fund and South Korean independent private equity firm Eastbridge Partners. Both investors are looking to invest in Southeast Asia’s burgeoning digital entertainment market, and with the funding…Continue Reading
Indonesia-based micro-warehousing solutions startup Crewdible announced that they have raised US$1.5 million in a pre-Series A funding round led by Berlin-based Global Founders Capital (GFC), a stage agnostic, globally oriented seed and growth venture capital firm. In a press statement, Crewdible chief executive officer and founder Dhana Galindra said that…Continue Reading
Armanino, one of the United States’ 25 largest accounting and business consulting firms, announced recently that they have released a new blockchain-based application that is the world’s first to offer real-time attestation, reducing the time of attestation reporting windows from 30 days down to just 30 seconds. Named TrustExplorer 2.0,…Continue Reading
Singapore-based Jungle Ventures, a venture capital firm that primarily focuses on Series A and Series B investments in startups in Southeast Asia, announced on October 30, 2019 that they just closed their Jungle Ventures III and successfully raised US$240 million – including US$40 million in separately managed account commitments –…Continue Reading
Blockchain startup TBCASoft recently announced that they have entered a strategic collaboration with IBM and Softbank in order to develop cross-carrier blockchain solutions to transform the telecommunications industry. The collaborative effort will also enable new synergies throughout the industry, nurture new and innovative business models and provide new services to…Continue Reading
iSTOX, a platform for issuing and trading blockchain security tokens and which is backed by the Singapore Exchange (SGX) and Heliconia Capital Management, a wholly owned subsidiary of Singapore state fund Temasek, has raised an undisclosed amount of Series A funding from Kiatnakin Phatra Financial Group (KKP), one of the…Continue Reading