The Block
Quick Take Hong Kong Exchanges and Clearing Ltd. announced that the “HKEX Virtual Asset Index Series” will go live on Nov. 15. The new indexes are expected to provide a single reference price for bitcoin and ether during the Asian time zone.
Quick Take Founders Fund has invested in Infinex’s new “patronage” fundraising model, which sold Patron NFTs to venture capitalists, angel investors and the community. The Patron NFT sale completed on Monday, with a total of $67.7 million raised.
Quick Take Digital asset investment products attracted another $901 million worth of net inflows globally last week, according to CoinShares. The positive flows and bitcoin prices are driven by Republican poll gains ahead of the U.S. election, Head of Research James Butterfill said.
Quick Take Hana Network has raised $4 million from builders and angels of Sushiswap, Alliance, Orange DAO, and others. The startup is building Hypercasual Finance, bringing casual finance optipon on social network such as attention incentive, social tipping, P2P funding.
Quick Take Gelato has raised $11 million in a Series A+ funding round led by Hack VC. The rollup platform also announced Kraken’s new Layer 2 blockchain Ink as a customer.
Quick Take Robinhood Derivatives has introduced event contracts allowing users to bet on the outcome of the U.S. presidential election, tapping into the rising interest in prediction markets. This feature launch comes on the heels of an early October federal court ruling in favor of the Kalshi prediction market.
Sony Block Solutions Labs is launching a developer incubation program for its Soneium network and public Minato testnet, which was teased last week.The Soneium blockchain is an Ethereum Layer 2 based on the Optimism tech stack.
Quick Take San Francisco remains a key tech hub despite global crypto scene shifts. Emerging markets increasingly attract crypto investments and venture capital focus. Asia continues to lead in retail crypto adoption and conference activity. This column is adapted from The Scoop newsletter.
Osprey was considering a potential sale or merger with a bitcoin ETF amid other strategic maneuvers in March of this year.
Quick Take Solayer Labs has raised $12 million in a seed funding round led by Polychain Capital. The round brought Solayer’s valuation to $80 million, co-founder Rachel Chu told The Block.
