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Fidelity Submits Tokenized Market FYHXX to SEC, Sells US Treasury Bills on Ethereum Chain

Fidelity Investments, an American asset management company, has applied to register its tokenized U.S. dollar money market blockchain, joining a growing list of businesses that are tokenizing assets. Fidelity registered its blockchain with the SEC, creating a tokenized version of its Fidelity
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FUNDING | Nigerian Debt Collection Startup, BFREE, Raises $3 Million to Scale Operations in Africa

Nigerian fintech, BFREE, has raised $2.95 million, in a round led by Capria Ventures, as it looks to scale across its markets across the continent.
BFREE is defined as a tech-enabled debt collection startup established to automate and introduce ethical debt recovery procedures. The founders were
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Algorand GameFi Platform, Zone, Reportedly Hits 10.6 Million Play Minutes One Month After Global Launch, Says Kenya Country Rep

Zone, a Blockchain GameFi platform, has gained popularity with 10.6 million play minutes globally in 9 months. Utilizing Algorand blockchain, it merges gaming and finance elements for instant payouts and low fees, attracting gamers across Africa, Asia, Europe, and South America. The platform offers earning opportunities through games like Zone Fantasy and Zone Games, hosting popular titles such as Escape Run and Candy Fiesta. With plans to introduce more games, Zone's play-to-earn model continues to engage users worldwide.
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INTRODUCING | WorldCoin Set to Unveil the ‘World Chain’ Blockchain Following Explosive Layer 2 Growth

WorldCoin is launching World Chain, a user-centric blockchain leveraging World ID for prioritized service to humans over bots on Ethereum. This project faced regulatory challenges but aims to enhance user interaction with blockchain technology.
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CV Labs to Introduce African Startups to the Polygon Ecosystem in New Partnership

CV Labs and Polygon are partnering to introduce African startups to the Polygon ecosystem, aiming to support blockchain technology adoption and economic growth in the region.
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Forget the Rest— Here is Why Troller Cat Is the Brightest Star in the Meme Coin Universe

Over the last few years, meme coins have clawed their way from internet joke to blockchain powerhouses. What started as a wink and a nudge from the crypto community has evolved into a multi-billion-dollar sector. Dogecoin was the first cat to chase the laser, but others—like Shiba Inu and
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Pan-African Early-Stage VC Firm, Ventures Platform, Raises $46 Million in Latest Fund

Ventures Platform closes $46M fund oversubscribed, attracting diverse investors. Focus on 'category-leading' companies for follow-on investments, seeking expansion in Africa. Positive outlook despite economic challenges. Portfolio companies have raised over $1B.
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FUNDING | Licensed Egyptian Fintech, Swypex, Raises $4 Million Seed Round Led by Accel

Swypex, an Egyptian startup, secures $4 million in funding led by Accel to offer a financial services platform for businesses, aiming to streamline financial management and enhance efficiency.
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REGULATION | LemFi Acquires Irish FX Bureau Buttercane in European Expansion Plot After Surpassing One Million Customers and $1 Billion in Monthly Transaction Volume

LemFi has acquired Bureau Buttercrane with the approval of the Central Bank of Ireland to expand its financial services across the EEA, aiming to enhance operations and growth opportunities within the European market.
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