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Report: Investment Management Giant Invesco Launches Metaverse Fund


The investment management giant Invesco has launched a metaverse fund that will invest in a myriad of startups focused on metaverse technology, a Citywire report detailed on Monday. “We will seek to capitalise on these opportunities through a highly selective, valuation-conscious...

Celo Foundation to Help African Startups Scale Via Web3 Fund


The Celo Foundation recently announced a Web3 fund for African startups to scale their operations. Named Celo Africa Web3 Fund, the initiative is open to every Africa-based startup. However, projects with African residents as founders will receive a preferential review for the fund. Celo has been...

German Crypto Exchange Nuri Files for Insolvency


Cryptocurrency exchange Nuri has filed for insolvency, reportedly becoming Germany’s first fintech to take the step in a challenging year for startups in the industry. Customer access to the platform’s services and their funds will not be affected, the company assured. Crypto Exchange...

Telefonica to Invest in Metaverse Through Gamium


Telefonica, one of the largest communication companies in Spain, has decided to invest in Gamium, strengthening its metaverse push. The company will allocate a non-disclosed amount of funds to this metaverse initiative through Wayra, its innovation-based incubator arm. The company is also...

5 Crypto Startups Expected to Do Big Things in 2022


Everything related to crypto startups has skyrocketed in value recently, and expectations are only higher for 2022. The amount invested by venture capitalists in 2021 reached nearly $30 billion, and the momentum does not stop with funding. Talents from big companies worldwide are flocking to...

Embr Releases Checkout to Future-Proof Trust in Web3 Payment Experiences


Embr is an all-remote corporation building a global Web3 fundraising infrastructure, and Checkout is the first of many product releases focused on moving startups and creators into a new era of the internet. Web3 has the potential to rewrite the future of economic opportunity for innovators...

Visa Launches Bitcoin and Crypto Enabled Cards in Latam


Visa, one of the biggest payments companies in the world, has announced the launch of a series of crypto-enabled cards in partnership with several fintech startups in Latam. These cards will allow users to spend crypto, purchase crypto where Visa cards are accepted for such, and also receive crypto...

Felix Capital Raises $600 Million to Grow Web3 Exposure


Felix Capital, a London-based VC company, has raised $600 million in its fourth fundraising round, this being its biggest yet. The company, which has been investing in commerce and money-tooling startups, is planning to use part of the funds raised to increase its Web3 exposure as part of its...

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