Author: Yeek.io

Quick take: Neutrl wants to bring hedge fund-style crypto yield strategies to investors using a single token. Digital asset private marketplace STIX and venture firm Accomplice led the seed round, with participation from Amber Group, SCB Limited, Figment Capital and Nascent. Neutrl is targeting to grow to $2 billion in assets in two years as it estimates over $10 billion worth of altcoins set to unlock in the next few years. Neutrl, a decentralised finance (DeFi) protocol and the provider of the synthetic dollar NUSD, has raised $5 million in a seed round led by Digital asset private marketplace STIX…

Maple Finance reached a major milestone, largely due to significant growth in its yield-bearing stablecoin. Maple Finance (SYRUP) has seen significant growth over the past month, which boosted the token’s value. On Wednesday, April 16, SYRUP was up 25%, reaching a daily high of $0.1419, before stabilizing at $0.131. The catalyst for the price was a major milestone for the platform, which reached $1 billion in total value locked. According to data from Dune Analytics, platform TVL has more than doubled since January, when it hovered around the $450 mark. Growth in Maple Finance TVL, by asset | Source: Dune…

Quick take: The acquisition is part of Futureverse’s strategy to bring AI to the forefront in the next chapter of immersive experiences for brands and sports entertainment. Digital Candy boasts a high-profile IP of over 4M digital collectibles and a massive customer base of over 1.5M accounts. It will be integrated into the Root Network, Futurverse’s layer-1 blockchain, which helps address AI-related brand issues like creative rights and ownership. AI and immersive gaming technology provider Futureverse has announced the acquisition of the non-fungible token (NFT) platform Candy Digital. The acquisition represents a major step in Futureverse’s strategy as it aims…

Greek exchange Athens Exchange Group has moved closer to adopting a Sui-based order book following its collaboration with Mysten Labs. On April 16, the Sui (SUI) team announced that Athens Exchange Group, or ATHEX, had finalized the technical design for an onchain fundraising platform that will leverage zero-knowledge proofs on the Sui blockchain. ATHEX’s ZK-powered fundraising platform will help the stock exchange enhance its offering with privacy and speed, bolstering its growth in traditional capital markets. This nod to blockchain innovation and integration follows Sui contributor Mysten Labs’ partnership with the Athens Exchange Group in March 2024. The collaboration between…

Raleigh, United States, April 16th, 2025, Chainwire Film Finance Group International (FFGI), a North Carolina-based film finance innovator, has officially unveiled its upcoming ERC-20 utility token: FFG Token ($FFG). Built to power a transparent, milestone-based film funding ecosystem, FFG Token is an asset-backed token that bridges real-world production workflows with secure, blockchain-based infrastructure. FFG Token is scheduled to go live in the coming weeks, with a capped supply of 1 billion tokens and integrated governance mechanics to allow token holders to vote on curated film projects. Backed by real-world film budgets and anchored by a proprietary on-chain accounting system, the…

President Donald Trump’s escalating trade policies and the recent U.S. ban on NVIDIA selling advanced AI chips to China are causing significant disruptions in the global semiconductor industry. This action could significantly disrupt the AI and Decentralized Physical Infrastructure Networks (DePIN) ecosystems. A Blow to the Semiconductor Supply ChainAccording to BBC, semiconductors, the backbone of modern technology, power everything from iPhones to military jets. These chips, while invented in the U.S., rely on a complex global supply chain. Chips are often designed in the U.S., manufactured in Taiwan, Japan, or South Korea using rare earths mined in China, packaged in Vietnam,…

Key Takeaways: U.S.-backed stablecoins offer European citizens an appealing method for cross-border transactions. The minister expressed concern that the widespread use of these stablecoins could undermine the international role of the euro. The European Central Bank is advancing the digital euro project, which seeks to consolidate European payment systems. According to a Reuters report on Tuesday, Italy’s Economy Minister, Giancarlo Giorgetti, warns that U.S. stablecoin policies could have a more dangerous impact on the euro than the effects of trade tariffs.Speaking at an asset management event in Milan, Giorgetti expressed concern that policies supporting dollar-pegged stablecoins could encourage European citizens…

Quick take: Resolv Labs co-founder and CEO Ivan Kozlov leverages his experience in structured products in traditional finance to offer two tokens for different types of investors. The USR token is designed to deliver stable yields from crypto markets while protecting holders from sharp price swings. The RLP token is designed for risk-tolerant investors in the protocol’s insurance layer. Resolv Labs has raised $10 million in a seed round led by Cyber.Fund and Maven11, with participation from Coinbase Ventures, SCB Limited, Arrington Capital, and Animoca Ventures. The company plans to use the capital to scale its yield-bearing stablecoin protocol, Resolv,…

Quick take:  The Web3 investment company opened an office in New York as part of its global expansion strategy. The new office will be used to strengthen institutional partnerships with banks, asset managers, and fintech firms exploring blockchain integration. DWF Labs plans to hire local talent across trading, compliance, and business development for the office. DWF Labs has announced a $25 million investment in Trump Family-backed World Liberty. The market maker and Web3 investment company purchased $25 million of World Libert Financial’s governance token (WLFI). As part of the deal, DWF Labs will also provide liquidity for World Liberty Financial…

Homepage > News > Business > India, Chile pledge increased collaboration on digitalization India and Chile have agreed to improve bilateral cooperation in investment, innovation, and technological advancement, particularly in the fields of information technology and digital services. Indian Prime Minister Narendra Modi and Chilean President Gabriel Boric Font recently met in India and emphasized the need to strengthen their collaboration in the development and implementation of Digital Public Infrastructure (DPI) to make digital tools and services more accessible and inclusive for both individuals and businesses.  “India is ready to share its positive experience with Chile in the areas of…