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Spellfire Oversubscribed Twice, a Staggering $3.8M Raised


Spellfire Re-Master the Magic, a modern take on classic collectible card games, has completed its private funding round, raising a staggering $3.8 million. Leading investors DAO Maker and Shima capital, are joined by Genblock, IBC group, Faculty group, IBA, Maven Capital, Autonomy Capital...

GameFi Operator Digital Entertainment Asset Closes $12 Million Seed Round


Singapore-based Digital Entertainment Asset Pte. Ltd. (DEA), a leading GameFi company operating in the play-to-earn (P2E) gaming arena, has officially finalized a $12 million seed fundraising round. The round was underwritten by JAFCO Investment Ltd., corporate participants, seven publicly-listed...

Bitcoin Witnesses a Peak as Coinbase Goes Public- Market Year Round Review


In February, bitcoin’s price surpassed $50,000 when Tesla announced a $1.5 billion investment in Cryptocurrency. The reaction of the market prompted one creative T-shirt merchant to produce a $19.99 T-shirt printed with the words “Elon’s Candle,” alluding to Tesla’s wealthy...

African Startup Raises $6 Million From Pre-Series A Funding Round


Africa Blockchain Lab recently said it has raised $6 million from a pre-Series A investment round and will use the capital to fund the launch of a crypto wallet. Driving Adoption of Cryptocurrencies An African crypto startup, Africa Blockchain Lab, recently confirmed it has received $6 million from...

Actress Gwyneth Paltrow Invests in Bitcoin Mining Operation Terawulf


The American actress and businesswoman Gwyneth Paltrow has participated in an investment round involving the bitcoin mining operation Terawulf. According to reports, Paltrow and a group of investors made a “substantial, 8-digit equity investment” in the company. Paltrow is well known...

Kenya Based Fintech Kwara Raises $4 Million in Seed Round


A Kenya based fintech, Kwara has raised $4 million in a seed round that was led by Breega VC firm. The funds will be used to create an app that allows members of credit unions to access financial services. The Rising Demand for Financial Services by Credit Union Members Kwara, a Kenyan fintech that...

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