The Binance-backed cryptocurrency exchange has put its weight behind Nanovest, Avarik Saga, Avarta, Diamond Protocol and Play it Forward DAO

Indonesia-backed cryptocurrency exchange Tokocrypto has invested undisclosed amounts in five blockchain-focused companies across Southeast Asia, DealStreetAsia reported on Monday.

The companies include Indonesia-based digital asset marketplace Nanovest and Avarik Saga, the Indonesia-headquartered developer of a play-to-earn metaverse fantasy-medieval strategy game with non-fungible token (NFT)-based characters that already counts esports companies RRQ and Evos as backers.

Avarta, a Singapore-headquartered blockchain authentication technology and wallet provider that uses biometrics to authenticate users across the metaverse, has also received funding, as has Diamond…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.