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Crypto asset management platform Cobo bags $40M Series B

TechCrunch

Amid the growing interest for cryptocurrencies among Asian investors, institutional investors and retail investors are seeking diversification options to hedge against inflation and other risks, the company said in its statement. Its retail investor clients use Cobo Wallet. Binance Labs leads $1.6M

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Daily Crunch: Falling short of analysts’ estimates, Warner Bros. Discovery posts $2.1B net loss for Q4 2022

TechCrunch

Moar chains : Jacquelyn explores how Coinbase’s layer-2 blockchain may help expand scaling on Ethereum. Come together, right now…over e-commerce : Amazon joined an India-backed e-commerce initiative that interestingly enough was challenging the retail giant’s seeming monopoly in the market, Manish writes. You can sign up here.

.Net 246
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Lablaco seeks to help usher in the new era of web3 digitized retail

TechCrunch

The future of digital retail has arrived in Paris, naturally. Today, SPIN by lablaco, launched its first digitized retail experience called Web3 Fashion: The Origin Story at the famed Galeries Lafayette Champs-Élysées. Or in other words, no one wants to be the person listed on the blockchain who threw their turtleneck into the bin.

Retail 186
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YC W22 batch nets 24 African startups, including 18 from Nigeria

TechCrunch

Quick thoughts : Innovation in Africa’s B2B e-commerce and retail space has been around the digitization of processes and BNPL services, but not much around cash overdependence and fraud. Founders : Among them is Yele Oyekola, the chief executive, who worked at Carbon and was an economic policy officer at the UN.

.Net 228
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Twig takes $35M to turn stuff you own into a way to pay

TechCrunch

Now fintech startups compete to offer the most appealing feature mix to net a target youth demographic. ” Cupi has a background in blockchain and the circular economy — which has included, back in 2018, selling a denim upcycling business to Levi’s Albania. “Our goal is to make this available externally as well.

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Allocations just got valued at $150M to help private equity funds lure smaller investors

TechCrunch

Its customers are asset managers looking to offer these alternative investment opportunities to their private wealth clients, who tend to be high-net-worth individuals that meet regulatory accreditation requirements applied to many alternative assets, Advani explained.

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A blueprint for successfully executing business-aligned IT strategies

CIO

In online learning, adaptive content personalizes education to individual needs, while in thoughtful, intelligent retail, automated shelves use real-time data to monitor stock levels, creating a seamless shopping experience. For instance, tools such as Net Promoter Scores (NPS) can assess how IT initiatives improve the customer experience.

Strategy 183