The post Coinbase Co-Founder’s Longevity Startup NewLimit Raises $435M for Human Trials appeared first on Coinpedia Fintech News

NewLimit, a longevity biotechnology company co-founded by Coinbase CEO Brian Armstrong, has raised $435 million in a Series C funding round led by Founders Fund. New investors, including Thrive Capital, Greenoaks and Quiet Capital, joined existing backers such as Kleiner Perkins and Eli Lilly Ventures. The company develops age-reprogramming therapies designed to restore cell function …

The post Tether Invests $14M in Crypto Payments App Belo appeared first on Coinpedia Fintech News

Tether led a $14 million funding round for Belo, a payments platform using crypto rails and stablecoins for faster, cheaper transactions. Belo helps users protect savings from inflation and weak local currencies, a major issue across Latin America. The funding is important as stablecoin adoption continues rising in the region. Next, Belo plans to expand …

The post Invesco Steps Into $12B Tokenized Treasury Market With $900M Fund appeared first on Coinpedia Fintech News

Institutional adoption of tokenized assets is gaining speed as Invesco, a U.S.-based asset management company with AUM of $2.2 trillion, moves to take over a $900 million on-chain U.S. Treasury fund.  The move highlights growing institutional demand for tokenized real-world assets, as large asset managers compete to bring traditional money market products onto blockchain rails. …

The post Investors Bet Big on Blockchain Gaming: SkyArk Secures $15M Funding appeared first on Coinpedia Fintech News

A Triple-A gaming platform, SkyArk Chronicles, which is built on blockchain technology, closed its funding round at $15 million on Friday (January 12, 2024). This gaming platform was backed by one of the leading investment wing and crypto exchange platforms, Binance Labs. Besides that, around 40 investors have participated in the funding round.  Binance takes …

The post 2023 Web3 & Crypto Funding Report: Trends, Insights, and Predictions appeared first on Coinpedia Fintech News

In the third quarter of 2023, the crypto and blockchain realms experienced a sharp downturn, recording a mere $1.975 billion in investments. This figure not only marked the lowest since the last quarter of 2020 but also set a new nadir for the industry. This descent began following a pinnacle of $12 billion in the …