Dragonfly Capital leads $3.5 million seed round for Debt DAO

Crypto-focused investment firm Dragonfly Capital led a $3.5 million seed round for crypto credit protocol Debt DAO, according to a press released shared with The Block. Debt DAO provides revenue-based...

Sequoia China-Backed Crypto Financial Services Firm Hits $2 Billion Valuation

Del Wang, cofounder and CEO of Babel Finance. Babel Finance Babel Finance, a Hong Kong-based crypto lender and asset manager, has secured $80 million from investors including crypto venture firms Drag...

Nigerian Fintech Startup Afriex Raises $10 Million For Its Blockchain Money Transfer Platform

Afriex lets users transfer money through stablecoins in less time and at a lower cost than a wire … [+] transfer. Afriex When Tope Alabi moved back to Nigeria in 2019 after 20 years in the U.S.,...