Circularise secures SAFE investment from SEKISUI CHEMICAL

Circularise, a blockchain platform for supply chain transparency and traceability, has formed a Simple Agreement for Future Equity (SAFE) with SEKISUI CHEMICAL, a specialist in the plastics manufacturing industry.

This strategic alliance, which involves an investment in Circularise by SEKISUI CHEMICAL, goes beyond financial support. SEKISUI CHEMICAL will enter a joint project with Circularise in a chemicals traceability project, introducing a digital product passport and testing...

nChain partners with Universal Plastic to accelerate sustainable innovation

nChain, a specialist in Web3 solutions, has signed a strategic partnership agreement with Universal Plastic, to achieve common sustainability goals towards ocean protection: regenerating the marine ecosystems by taking out plastic, giving agency to locals by fairly rewarding them for their efforts and making companies act upon their footprint, getting a step closer to the ESGs.

In this partnership, nChain is investing €2,000,000 and acquiring a 20% stake in the equity of...

Venom Foundation launches $1bn web3 fund from Abu Dhabi

Abu Dhabi, UAE

The Venom Foundation, an Abu Dhabi-based blockchain platform, and investment manager Iceberg Capital have unveiled a $1 billion venture fund to invest in web3 and blockchain projects.

The Venom Ventures Fund (VVF) plans to invest in pre-seed to Series A funding rounds with projects focused on decentralised finance (DeFi), payments, asset management, and blockchain gaming.

Venom Foundation is a layer-1 blockchain solution with a focus on “serving the needs of the Middle...

A quarter of students now own cryptocurrency

University students sitting at a table.

One in four (24%) of students are now cryptocurrency owners, according to UNiDAYS, a firm that specialises in offering student discounts.

The study of more than 24,000 UK students also found that a further third plan to buy cryptocurrency within the next three months. The ryptocurreny most commonly owned by students is Bitcoin (26%), followed by Dogecoin (11%), Ethereum (10%) and Ripple (3%).

Almost half (40%) of those questioned expect cryptocurrency to replace...