Blockchain
M-Ventures Under MEXC Completes Brand Upgrade, with Capital Scale Reaching $200M
Toronto, Ontario–(Newsfile Corp. – September 29, 2022) – On Sept. 28, during the Token2049 event in Singapore,
MEXC / M-Ventures
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At present, M-Ventures’ own capital scale has reached $200 million. Its core team has more than 10 people from leading institutions, such as McKinsey, Plug & Play, Binance and Huobi, with more than 10 years of experience in traditional financial institutions and the field of cryptocurrency, spanning the United States, Singapore, Hong Kong and other countries. Their expertise includes venture capital, equity investment, industry research, project incubation, product development and asset management.
In the past three years, M-Ventures’ portfolio has included dozens of outstanding projects, such as Polkadot, Avalanche, Manta, deBridge, Dorafactory, zCloak Network, Mina, Phantom, Raydium and Solanium. At the same time, it has also been an early investor and participant in Polkadot, Polygon, Solana, Near and other projects. It has successively established the Polkadot Ecosystem Special Fund and Solana Ecosystem Strategic Fund to support the sustainable development of the infrastructure ecosystem.
In the new round of the blockchain cycle, M-Ventures will mainly focus on three core sectors in the primary market: Web3, the new public chain ecosystem and infrastructure. Sistine, the investment manager of M-Ventures, expressed her views on the above three sectors:
“The technical foundation and market acceptance of blockchain technology and cryptocurrencies have developed to the extent that they can support some Web3 applications, which will also be the gateway to lead more users into the Web3 field.”
“There are many combinations of ‘security, scalability and decentralization,’ and other solutions outside the existing mainstream public chains are also worth exploring and putting in use.”
“The cryptocurrency field as a whole is still in its early stage, and the construction and development of infrastructure is an eternal theme. Now is the best time for the industry to reflect, redesign and upgrade Infrastructure.”
Sistine said, “Our core logic in investment is that by consolidating infrastructure and focusing on projects that improve existing technologies and product frameworks in the blockchain field, we can deeply serve the current market share. At the level of expanding market boundaries, we focus on innovative projects that can lower the threshold in the cryptocurrency field and improve user experience to expand the potential, incremental market share.”
Contact:
Company Name: MEXC
Name: Jenny Sun
Email: [email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/138869
bybit lucky
Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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