Digital asset exchange Zipmex increased its corporate-backed series B round to over $51m while Digital Garage-backed 1plusX in a $150m acquisition.
Funding
Singapore-based digital asset exchange Zipmex has added $10m from financial services firm Bank of Ayudha’s Krungsgri Finnovate unit, outdoor advertising services provider Master Ad, B Capital, TNB Aura, Mindworks Capital and unnamed others to a series B round now sized at over $51m, Tech in Asia reported today. Krungsi Finnovate and Master Ad had joined advertising agency Plan B Media Public Company in the round’s August 2021 series B first close.
MetaMagnet, the US-based owner of blockchain gaming platform C2X, has completed a $25m private token sale co-led by blockchain game developer Animoca Brands, digital currency exchange FTX and trading firm Jump Trading, the last two through FTX Ventures and Jump Crypto respectively. The sale, which valued the company at $500m, included cryptocurrency exchanges Huobi (through Huobi Ventures) and Crypto.com, stablecoin developers Terra and Skybound, blockchain technology producers Concept Art House and Bowei, game commerce software provider Xsolla,…
