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Cryptocurrency wallet and blockchain tech startup imToken raises $30 million Series B

TechCrunch

ImToken , the blockchain tech startup and crypto wallet developer, announced today it has raised $30 million in Series B funding led by Qiming Venture Partners. Founded in 2016, the startup’s last funding announcement was for its $10 million Series A, led by IDG, in May 2018.

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FlexID gets Algorand funding to offer self-sovereign IDs to Africa’s unbanked

TechCrunch

Much of the world’s attention around blockchain is on the highs and lows of cryptocurrency values. One of the startups working toward this vision is Zimbabwe’s FlexID, which is building a blockchain-based identity system for those excluded from the banking system due to their lack of identity documents. million in 2016.

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Cryptocurrency company Circle to go public in SPAC deal

TechCrunch

Circle became a sort of Venmo clone with some blockchain technology under the hood. And one that makes money work the way the Internet works,” Circle co-founder and CEO Jeremy Allaire told TechCrunch’s Natasha Lomas in 2016. Created in 2013, the company originally wanted to create a mainstream bitcoin payment platform.

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An actionable framework for founders bridging into web3

TechCrunch

It’s been on the lips of a growing number of investors on the hunt for disruptive opportunities blockchain-based technologies can offer. As the founder of an infrastructure project that has been around since 2016, I want to remind you that web3 isn’t just a drop-down menu of features to be bolted on to your project. FOMO is real.

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Glow Labs raises seed round to help NFT creators reward their loyal customers

TechCrunch

The NFT market was worth $41 billion at the end of last year — nearly as large as the conventional art market by some estimates — and it’s expected to nearly double in size by the end of 2022, according to a report released this week by blockchain analytics firm Nansen.

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Nigerian fintech Appzone raises $10M for expansion and proprietary technology

TechCrunch

It went live with its mobile and internet banking service in 2016 and launched an instant card issuance product in 2017. In 2020, the company launched services catered to end-to-end automation of lending operations for banks and blockchain switching. ” Image Credits: Appzone.

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Hundreds of Y Combinator alumni join crypto collective to back web3 startups

TechCrunch

The effort is co-led by Ben Huh, who has co-founded a handful of startups and helped lead YC’s New Cities initiative back in 2016. DAOs, or decentralized autonomous organizations, are groups that leverage blockchain tech to help multiple users make decisions as a single entity.