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SEC aproves 11 Bitcoin ETFs

Edition #94 - 13 JAN 2024


Here's the SEC statement on the approval of spot Bitcoin ETF.

Key notes to share:

  • Bitcoin spot ETFs had over 4.6 billion in trading volume on the opening day.

  • UBS will let some customers trade Bitcoin ETFs.

  • Robinhood announces all 11 spot bitcoin ETFs available for trading.




gaming developments

  • ​​​​​​AI game platform AI Arena raised $6M funding round led by Framework Ventures, with participation from SevenX Ventures, FunPlus, Xterio, Moore Strategic Ventures.​​

  • ​​Gamified NFT marketplace Eesee raised $2.85M funding round from SevenX Ventures, Maven Capital, Daedalus, Contango Digital Assets, Momentum 6 (M6), BasementDAO, Metabros.

metaverses & AI


  • ​​Good read from Binance on AI & crypto latest developments.

  • AI driven Data collection and validation platform Ta-da raised $3.5M funding round from Morningstar Ventures, MultiversX, X ventures, Genesis Block Ventures Capital (GBV), Alpha Protocol Ventures, Spark Digital Capital, NxGen, Let’s Go Ventures.​​

  • Web3 AI character network CharacterX raised $2.8M in a Seed funding round led by Lightspeed, INCE Capital, Spark Digital Capital, with participation from Cryptogram Venture (CGV), ZC Capital, Fermion Capital, Fan Zhang, 84000LP.

  • ​​​​AI-driven Web3 trend tracking and smart trading TrendX raised $1M in a Seed funding round from Web3Link, Coresky, CatcherVC, MIIX Capital, Tripod Capital, Foster Labs.

  • ​​AI-powered content detection and protection platform Ringfence raised $1.5M funding round led by Rarestone Capital, Morningstar Ventures, with participation from BasementDAO, Noir Ventures, NxGen, Spark Digital Capital, Curiosity Capital, Marshland Capital, Optimista Capital.


defi


  • ​​Bitcoin-based DeFi protocol BRC20 com raised $1.5M funding round led by UTXO Management, with participation from Zanshin Capital Management, Unbroken Chain, Block One Capital Inc., Sora Ventures, Owl Ventures, Bitcoin Frontier Fund, NewTribe Capital.​​

  • ​​Solana-based DeFi Super-Network Saros raised $3.75M funding round from Solana Ventures, Hashed, The Spartan Group, Arche Fund (Coin98 Ventures), Genesis Block Ventures Capital (GBV), Impossible Finance, Genblock Capital, K300 Ventures, Cryptomind Group, Kyros Ventures, Evernew Capital, Asymm Ventures.

  • ​​DeFi loan management protocol Altitude raised $4M in a Seed funding round from Tioga Capital Partners, New Form Capital, GSR Markets LTD, G1 Ventures, UDHC, Flow Ventures, Owl Ventures, Soft Holdings, Metavision.

  • ​​Asset-hedging protocol Umoja Labs raised $2M funding round from Blockchain Founders Fund, Quantstamp, Blizzard, Orange DAO, Hyperithm, Psalion VC.

  • ​​DeFi dashboard with asset and risk tools DeFi (ex DeFiYield) closed Strategic funding round from 21Shares. Amount raised is not disclosed.

funding rounds

 


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