Group

Spartan Group creates $50 million venture fund to bridge global markets

Spartan Group creates $50 million venture fund to bridge global markets

Spartan Group, the digital asset investment company based in Singapore, revealed the launch of a $50 million venture fund on Tuesday, according to CoinDesk. The fund will invest in new decentralized finance (DeFi) systems, hoping to bridge the gap between Eastern and Western markets.  Spartan Group raised $30 million in the first round of funding …

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Facebook launches group to oversee “all things payments” with David Marcus at the helm

Facebook launches group to oversee “all things payments” with David Marcus at the helm

Facebook has launched Facebook Financial, a new group focused on all payments and commerce-related opportunities with Libra co-founder David Marcus at the helm. Marcus will now head up all payments projects at the tech giant. According to a Bloomberg report published Monday, the project, internally known as F2, is an effort to reorganize commerce strategy …

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Industry Group Led by Polychain, Coinbase Seeks to Get Ahead on Staking Regulations

Industry Group Led by Polychain, Coinbase Seeks to Get Ahead on Staking Regulations

The Proof of Stake Alliance (POSA), an industry advocacy group, is publishing a series of recommended standards for companies participating in a proof-of-stake consensus protocol in an effort to reduce regulatory clampdowns on different networks. The group met with members of the U.S. Securities and Exchange Commission (SEC) earlier this year to discuss their proposals …

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