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EU Parliament Approves Crypto Licensing

Edition #60 - 22 APR 2023


Lawmakers in the European Union on Thursday voted 517-38 in favor of a new crypto licensing regime, Markets in Crypto-Assets (MiCA), with 18 absentions, making it the first major jurisdiction in the world to introduce a comprehensive crypto law.



gaming developments

  • ​​​​​​​​​​​​Web3 game Karate Combat raised $18M in a funding round led by BITKRAFT Ventures, with participation from Alpha Wave Global, Hashkey Capital, Lattice Fund, M13, Delphi Digital, Contango Digital Assets, Blockchain Coinvestors, Cypher Capital, Monoceros, Visary Capital, Side Door Ventures, Gate.io Labs, Bitscale Capital, CSP DAO, The Operating Group, Santiago Santos.

  • Square Enix teams up with Elixir to bring Web3 games to mainstream Audiences.


metaverses & AI

  • The metaverse is arriving “object first” with NFTs.

  • Remember the metaverse? It was supposed to be the future, alongside web3. But no worries, the admen still have the metaverse in their media plans, now that everybody and their mothers pivoted into AI.

  • Twitter is working on a generative AI project, and recently purchased roughly 10,000 GPUs to develop and train a large language model.

  • The Shiba Inu team is partially lauching its metaverse by the end of 2023, developers said this week.


defi

  • ​​​​​​​​Next-gen MPC-based decentralized trading platform UXUY raised $3.2M in a Seed funding round from Bixin Ventures, Waterdrip Capital, KuCoin Ventures, Pionex, LK Venture, Arcane Group, Daoverse Capital, Lapin Digital.

  • NFT market maker Protectorate Protocol raised $1.5M in a Seed funding round led by Dialectic, with participation from United Overseas Bank (UOB), Signum Capital, Cogitent Ventures, 0x Ventures, Kronos Research, Side Door Ventures, Interlinked Capital, Concave Ventures.

  • ​​DeFi focused EVM-compatible Layer 1 blockchain built on the Cosmos SDK Berachain raised $42M in a Series A funding round led by Polychain Capital, with participation from Hack VC, Shima Capital, Robot Ventures, Golden Tree, dao5 (daofive), Tribe Capital.


funding rounds

  • Layer 1 blockchain for trading Sei Network raised $50M for eco Fund from Bitget and Foresight Ventures.

  • Web3 payments platform Helio raised $3.30M in a Seed funding round led by Peak Capital, Lightspeed Faction, RockawayX, Solana Ventures, with participation from Crypto Global United (CGU), MonkeVentures, BOOGLE, Token Ventures, MultiChain Advisors Inc., Droid Capital, alphabet angels.

  • ​​Blockchain-based worldwide crowdsourced camera network Natix Network raised $3.50M in a Seed funding round led by Blockchange Ventures, with participation from XYO Network, Mysterium Network, CV Labs, Mulana Capital, Blockarm Capital, TechStars, Plug and Play Ventures, CoinIX Capital.

 


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