Startups

Nuqtah NFTs, Saudi’s first NFT marketplace, is bringing non-fungible tokens to Saudi Arabia to breed a new line of art investors and enable creators toward the wildest opportunities, CEO Salwa Radwi says. The startup will use the pre-seed investments from Shorooq Partners to grow its network across the MENA region. Salwa Radwi is currently the…

X Ventures and Agora announced the launch of the X Competition, giving blockchain startups the chance to win up to $2 million in funding, a business strategy workshop with renowned experts in Berlin, and exposure to over 50 venture capitalists at the Agora 9th Edition Global Blockchain Congress, an invitation-only blockchain conference in Dubai on…

MoonPay, a payment infrastructure provider for crypto companies, said Monday it has raised $555 million in an all-equity Series A round led by Coatue and Tiger Global that values the firm at $3.4 billion. The funds will be used to hire people, expand geographic coverage and add more payment methods such as letting users buy…

Mythical Games, a blockchain-based gaming company, has raised $150 million in a Series C round led by Andreessen Horowitz (A16z) at a $1.25 billion valuation. The firm will use the funds to expand its team, scale operations, and bring new game developers to its non-fungible token (NFT) platform. The American venture firm Andressen Horowitz led…

OpenAI CEO and former Y Combinator President Sam Altman has announced Worldcoin, a project designed to equitably distribute free cryptocurrency to as many people as possible. Obtaining that crypto, however, involves a discomforting concession – an iris scan, which has raised privacy concerns amongst critics. According to Global Findex, over 31% of the global population…

Aqarchain showcases the first global blockchain platform offering fractionalized NFTs. Its flagship product is a real estate crowdfunding investment platform. Aqarchain.io, a leader in Prop-tech, FinTech real estate, and hybrid real estate investment, has showcased the first global blockchain-powered real estate crowdfunding marketplace, where investing in real estate is as easy as investing in shares…