Month: January 2023

Tykhe Block Ventures holds first close of $30 Mn Blockchain Growth Fund | Commits 25% into MENA region
Blockchain

Tykhe Block Ventures holds first close of $30 Mn Blockchain Growth Fund | Commits 25% into MENA region

Tykhe Block Ventures, a USA based Venture Capital firm, has announced the first close of it’s Blockchain Growth Fund. The first close was led by a clutch of UHNWIs and Family Offices operating in South-East Asia & Middle East. The firm has also committed that approximately $10 Mn of the fund will be allocated to invest in blockchain & Web3 startups in the Middle East region. Tykhe is also in the process of setting up their Dubai office and aims to launch a $100 Mn fund later this year. Tykhe Block Ventures was started in 2021 by Prashant Malik, one of the leading investors in SEA (early investor in multiple unicorns like Urbanclap, Shadowfax, OfBusiness, Coinswitch) and widely recognized as the creator of Apache Cassandra – the distributed database used by majority of technology...
Crypto Investment Platform, KoinBasket Launches its Demo Trading App
Crypto, Cryptocurrency

Crypto Investment Platform, KoinBasket Launches its Demo Trading App

The Singapore-based Crypto start up aims to accelerate mass adoption of crypto investing for the next billion users. Crypto investment platform, KoinBasket has launched its “Demo Trading App” that allows users to invest in cryptocurrencies without investing any real money. This new product aligns with the company’s vision and novel approach towards helping novice retail investors find their feet in the world of Cryptocurrency investment. Koinbasket lets newbie investors invest in diversified cryptocurrency portfolios and indexes in a hassle free manner. Thus, users need not worry about complex research, portfolio building and risk management, as KoinBasket has a team of veterans in the crypto space that does all the research work for them. It provides a one-stop investment solution f...