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AI as a catalyst for ESG: Empowering CIOs to drive sustainable innovation

CIO

Technologies such as artificial intelligence (AI), generative AI (genAI) and blockchain are revolutionizing operations. This article delves into the transformative potential of AI, genAI and blockchain to drive sustainable innovation. Similarly, blockchain technologies have faced scrutiny for their energy consumption.

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Alchemy raises $80M at a $505M valuation to be the ‘AWS for blockchain’

TechCrunch

Blockchain developer platform Alchemy announced today it has raised $80 million in a Series B round of funding led by Coatue and Addition, Lee Fixel’s new fund. We realized that in order for space to thrive and build to its full potential, we needed to build a developer platform layer for blockchain,” Viswanathan told TechCrunch.

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Blockchain infra startup Tenderly raises $40M after seeing 500% YoY revenue growth

TechCrunch

Tenderly, a startup that aims to make it easier for web3 developers “of all skill sets” to build blockchain products, has raised $40 million in a Series B round of funding – just months after closing on its Series A. It now covers a whole range of blockchains such as Ethereum, Avalanche, Fantom, Optimism and Arbitrum.

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Singapore-based fintech STACS raises $3.6M to develop blockchain platforms for financial institutions

TechCrunch

The company develops blockchain platforms that can work with financial institutions’ existing infrastructure, and its core technology is also used in GreenSTACS for environmental, social and governance (ESG) investments. Project Ubin, the Singaporean money authority’s blockchain initiative, moves closer to commercialization.

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‘AWS for blockchain’ Alchemy boosts valuation to $3.5B with $250M raise

TechCrunch

Exactly six months after raising $80 million at a $505 million valuation, blockchain and Web3 development SaaS startup Alchemy has raised $250 million in a Series C funding round that values the company at $3.5 For one, it represents one of a16z’s largest Web3/blockchain investments to date. In June, the firm revealed its $2.2

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Crypto infrastructure provider Fireblocks raises $133 million

TechCrunch

It works across multiple blockchains as well. And this acquisition is certainly helping other crypto infrastructure companies proving that they’re valuable. DeFi aims to bridge the gap between blockchains and financial services. You can earn staking rewards on Ethereum 2.0, PayPal acquired Curv just a couple of weeks ago.

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Blockchain gaming survey: 7 investors discuss regulation, opportunities and NFT hype

TechCrunch

The video-game industry has always been on the bleeding edge, but blockchain gaming is still widely viewed as emerging technology. In October 2021, Valve banned all blockchain-related games from its Steam platform. What was your initial reaction on hearing about Steam’s ban on blockchain games?