| Uniswap Labs established a Web3 venture capital department; USDC issuer Circle completed a $400 million financing (April 13)

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Uniswap Labs established a venture capital department to focus on investing in Web3 projects

headlines

Uniswap Labs established a venture capital department to focus on investing in Web3 projects

Fidelity Launches Two ETFs Targeting Crypto, Digital Payments, Metaverse

Circle, the issuer of USDC, announced the completion of a $400 million financing, with participation from BlackRock and others

Circle, the issuer of USDC, announced the completion of a $400 million financing, with participation from BlackRock and others

Project News

According to official news, Circle, the issuer of USDC, announced the completion of a new round of financing of US$400 million, with participation from BlackRock, Fidelity, Marshall Wace and Fin Capital. It is understood that in addition to its important role as a USDC cash reserve asset manager and strategic investor, BlackRock will also explore the application of USDC in the capital market with Circle.

Project News

Celer's cross-chain payment network cBridge announces support for PlatON

Crypto Exchange Listing Bot tweeted that US stock broker Robinhood listed Solana. In addition, Robinhood also listed Shiba, Polygon and Compound. There is currently no official announcement to release relevant information.

Industry news

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Cosmos development company Ignite (formerly Tendermint) announced the launch of the Ignite Accelerator, a $150 million accelerator focused on Web3, which will support up to 20 projects per year.

Ecological Fund

IOST announces the launch of a US$100 million ecological fund to accelerate the implementation of the EVM multi-chain ecosystem

IOST launched a US$100 million EVM exclusive ecological incentive fund for global developers, including new ecosystem funds and accelerator funds, and plans to focus on supporting projects at various development stages in the direction of GameFi, Metaverse, and Web 3. IOST will provide support for the invested projects from capital, technology, token model design to market announcement, community building, and trading platform docking.

Cosmos development company Ignite launches a $150 million Web3 accelerator, Alameda and others are investment partners

Cosmos development company Ignite (formerly Tendermint) announced the launch of the Ignite Accelerator, a $150 million accelerator focused on Web3, which will support up to 20 projects per year.

It is understood that Ignite Accelerator’s investment partners include Alameda Research, KuCoin Ventures, OKX Blockdream Ventures, Hashkey Capital, Chorus One, Figment, Chainlayer, Strangelove Ventures, Forbole, Everstake and Galileo. (The Block)

GameFi and NFTs

It is understood that Ignite Accelerator’s investment partners include Alameda Research, KuCoin Ventures, OKX Blockdream Ventures, Hashkey Capital, Chorus One, Figment, Chainlayer, Strangelove Ventures, Forbole, Everstake and Galileo. (The Block)

GameFi and NFTs

China Carbon Neutral launches a new category of carbon emission reduction NFT on OpenSea

Coinbase will cooperate with BAYC and ApeCoin to produce interactive movies

Coinbase will cooperate with BAYC and ApeCoin to produce interactive movies

News Coinbase official Twitter released a notice "Something is coming, probably nothing". Later, Coinbase tweeted that it will produce a trilogy of interactive films related to Bored Ape Yacht Club (BAYC) and the ApeCoin community.

Users can submit their own Bored Ape NFT on degentrilogy.com (need to create a Coinbase wallet first) to participate in movie casting, and the selected Ape holder will receive an authorization fee of US$10,000 (paid in the form of ApeCoin or BTC).

It is reported that the first part of the "The Degen Trilogy" animated short film series will premiere on NFT.NYC in June this year. (CoinDesk)

Investment and Financing

Financial service application Voyager completes US$210 million in financing at a valuation of US$1.4 billion, with participation from Tencent and others

Financial service application Voyager completes US$210 million in financing at a valuation of US$1.4 billion, with participation from Tencent and others

Brazilian fintech company Stark Bank completes $45 million in financing led by Ribbit Capital and others

DeFi trading service company BloXroute completes $70 million in financing, led by SoftBank Vision Fund

DeFi trading service company BloXroute completes $70 million in financing, led by SoftBank Vision Fund

DeFi trading service company BloXroute announced the completion of a $70 million Series B round of financing, led by SoftBank Vision Fund 2 under SoftBank. BloXroute co-founder and CEO Uri Klarman said the funds raised will be used to expand the team’s size and reach. It is understood that BloXroute will be the first service provider to provide a blockchain distribution network for DeFi traders on Ethereum, Polygon and Binance Smart Chain. Robert Kaplan, Investment Director of Softbank Group, will join the BloXroute board of directors. (CoinDesk)

Virtual image technology company Genies completes $150 million financing at a $1 billion valuation, led by Silver Lake

DeFi trading service company BloXroute announced the completion of a $70 million Series B round of financing, led by SoftBank Vision Fund 2 under SoftBank. BloXroute co-founder and CEO Uri Klarman said the funds raised will be used to expand the team’s size and reach. It is understood that BloXroute will be the first service provider to provide a blockchain distribution network for DeFi traders on Ethereum, Polygon and Binance Smart Chain. Robert Kaplan, Investment Director of Softbank Group, will join the BloXroute board of directors. (CoinDesk)

Virtual image technology company Genies completed $150 million in financing at a valuation of $1 billion, led by Silver Lake.

On-Chain User Rewards App Glow Labs Completes $4.1 Million Seed Round Led by Harlem Capital

On-Chain User Rewards App Glow Labs Completes $4.1 Million Seed Round Led by Harlem Capital

global policy

Glow Labs, a user reward application on the Chain, completed a $4.1 million seed round of financing led by Harlem Capital, with participation from Kirsten Green from Forerunner Ventures, Anu Duggal from Female Founders Fund, Drew Austin from Red Beard Ventures and Heather Harnett from Human Ventures . Funds raised will be used to grow the team, marketing and software development. (The Block)

global policy

The South Korean government is studying NFT copyright policy to solve the problem of false NFT in the market

Brazil's central bank chief confirms CBDC pilot will start in 2022

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Brazil's Central Bank Governor Roberto Campos Neto confirmed the central bank's digital currency at an event, noting that a CBDC pilot project could go live in the second half of this year. (Cointelegraph)

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Iranian Deputy Minister of Communications: Cryptocurrency Payments Are Not Allowed in Iran

Reza Bagheri Asl, Deputy Minister of Information and Communication Technology of Iran, discussed regulatory issues related to cryptocurrency storage and transactions, emphasizing that accepting cryptocurrency payments is a red line, and cryptocurrencies such as Bitcoin will not be considered legal tender in Iran. "We do not recognize payments in cryptocurrencies."

Reza Bagheri Asl pointed out that the use of any foreign currency is beyond Iran's sovereignty and violates Iran's currency and banking laws. “Therefore, we will never have any regulation that recognizes payments in cryptocurrencies that are not ours. Iran has its own national cryptocurrency, so payments in non-national cryptocurrencies will not be made.” (Bitcoin.com)

Morgan Stanley: The U.S. is preparing for banking system-like regulation of stablecoins