AsiaFocused

Go-Ventures, backed by Indonesia’s GoTo, announced Tuesday it has raised the second fund at $240 million and rebranded as Argor Capital “to reinforce the investment firm’s independence and expanded capabilities to drive growth” for its portfolios.  Argor Capital started in 2018 with GoTo backing to invest in startups in Southeast Asia. Though GoTo will remain one of the investors in Argor’s latest fund, Argor’s investment decisions will continue to be independent of GoTo and other limited…

As more cryptocurrency projects seek non-U.S. jurisdictions, BitGet launched its fund BitGet, a crypto exchange based in Seychelles, has launched a $100 million fund for Web3 startups as Asian nations develop a Web3 development framework. In the past few months, countries in East Asia have been working to promote cryptocurrencies. For instance, last week, Japan approved a whitepaper on Web3 development and Hong Kong appeared to be loosening crypto regulations. “BitGet has always supported promising and creative projects…

SINGAPORE (2022 July 20) – Bluejay Finance, a capital-efficient decentralized stablecoin protocol for issuing stablecoins pegged to real-world currencies, has raised $2.9M in funding from Zee Prime Capital, C2 Ventures, Stake Capital Group, RNR Capital, Daedalus Angels, Moonlanding Ventures, Oval Ventures, and more, with operator-angels including DeFi projects like Ribbon Finance, Flux, Voltz, and Alpha Venture Dao. Founded in 2021, Bluejay Finance aims to build an avenue for investors to have more…