Breaking News
Vybe Network Secures $10.5 Million USD in Series A Funding
Vybe Network, the premier data infrastructure solution, today announced the close of a $10.5 million USD Series A investment. Vybe Network enables the Solana community to query, index and exchange on-chain data to build Web3 dApps and analytics. The round is led by FTX with additional participation from Sino Global, Staking Facilities, Serum, Panony, Tess Ventures, Contango, Canonical Crypto Fund and EBT Group.
Launched in the summer of 2021, the company provides software and infrastructure that allows users to easily access and utilize both real-time and historical data from the Solana blockchain. A key component of Vybe is data indexing, where anyone can host and provide data to the network in a permissionless and transparent manner. The latest funding comes on the heels of significant growth at Vybe. The company’s products include the VYBE app and Serum Analytics.
“We’ve seen an unprecedented industry need for an infrastructure like Vybe as new innovations in this space are rapidly evolving,” said Arun Dass, CEO and Founder of Vybe. “This funding will accelerate the delivery of our product, advance developers in experiencing more empowerment and fuel participation in the community.”
Vybe will use this new funding to aid in the decentralization of data access and storage, allowing any user – regardless of background or proficiency – to participate in the network, monetize and share their data, power innovative dApps and gain insights into favored Solana protocols. The infrastructure powers the user experience and sits as a core middle ground between the blockchain and user-facing dApps or marketplaces. Building on its existing technology, the company will help users advance their existing skills while also benefitting from new advancements in blockchain technology.
As it enters this next phase of growth, Vybe will also be a leading data provider and infrastructural component of the Solana ecosystem, where users can participate as data providers or leverage on-chain data to create analytics or data-intensive dApps.
People In This Post
Companies In This Post
- Granite Receives Financial Regulatory Approval to Launch USD Fixed Income Fund Read more
- Orca Fraud Raises $2.35m to Scale Real-Time Fraud Intelligence Across Emerging Markets Read more
- Payment Fintech Njiapay Closes $2.1 Million Seed Investment Read more
- Cytora and Quarticle Partner to Embed Cloud-Native GeoIntelligence into Commercial Insurance Workflows Read more
- Integrity Viking Funds Modernizes Investment Accounting Infrastructure with FIS Investment Accounting Manager Read more
xStocks Introduces xChange, Unifying Billions of Dollars of Onchain Tokenized Equities Liquidity Across Ethereum and Solana
xStocks announced today the launch of xChange, a new onchain trading engine designed to power the seamless exchange of xStocks across Ethereum and Solana without relying on third-party intermediaries.
HashSphere, Developed by Hashgraph, Selected as Infrastructure Provider for Australia’s Project Acacia
Hashgraph, an enterprise software firm building trusted distributed ledger solutions for regulated institutions, confirmed that HashSphere, its private, permissioned blockchain network built with Hedera technology, operated as part of the core infrastructure for Project Acacia.
BitGo Selected to Provide Stablecoin Infrastructure and Support Distribution for SoFiUSD
BitGo Bank & Trust, N.A. (“BitGo Bank & Trust”), an OCC-regulated digital asset trust bank and subsidiary of BitGo Holdings, Inc. (“BitGo”) (NYSE: BTGO), today announces that they have been selected to provide stablecoin infrastructure services and support distribution for SoFiUSD, a U.S. dollar-pegged stablecoin issued by SoFi Bank, N.A. SoFiUSD is the first stablecoin issued by the U.S. nationally chartered and insured deposit bank on a public, permissionless blockchain.
Standard Chartered Appointed as Digital Asset Custodian for TP ICAP’s Fusion Digital Assets
Standard Chartered has been appointed as the digital asset custodian and settlement agent for TP ICAP’s Fusion Digital Assets. This partnership will support the global markets infrastructure provider as it expands its matched principal trading activities.
Ripple Redefines Payments with End-to-End Stablecoin Platform and Global Customer Momentum
Ripple, the leading provider of blockchain-based enterprise solutions across traditional and digital finance, today announced a major expansion of Ripple Payments — its solution for moving money across both traditional and digital rails. With new product functionality and accelerating customer adoption, Ripple is cementing its role as the one-stop shop for enterprise-ready digital asset solutions.
Aeternum & Da Nang Government Officials Bring Unchained Summit to Da Nang
The signing took place at the Da Nang City Administrative Center and was complemented by direct engagement with Mr. Ho Quang Buu, Vice Chairman of the Da Nang People's Committee, reflecting the city administration's coordinated support behind the summit.
Cake Wallet Adds Self-Custodial Lightning Support Designed for Everyday Users
Today, Cake Wallet launched self-custodial Lightning support designed for everyday users, bringing fast Bitcoin payments to mobile without requiring them to manage channels, liquidity, uptime or give up control of their funds.
Granite Receives Financial Regulatory Approval to Launch USD Fixed Income Fund
Granite announced that it has received approval from the Financial Regulatory Authority (FRA) to launch a new USD denominated Fixed Income Fund
Orca Fraud Raises $2.35m to Scale Real-Time Fraud Intelligence Across Emerging Markets
Orca Fraud has raised $2.35 million in an oversubscribed seed round to advance its transaction monitoring and fraud intelligence capabilities across Africa
Payment Fintech Njiapay Closes $2.1 Million Seed Investment
Payment performance partner NjiaPay has closed a $2.1 million seed funding round
Cytora and Quarticle Partner to Embed Cloud-Native GeoIntelligence into Commercial Insurance Workflows
Cytora, the digital risk processing platform, has announced a strategic partnership with Quarticle, a provider of cloud-native geointelligence solutions for the insurance industry.
Integrity Viking Funds Modernizes Investment Accounting Infrastructure with FIS Investment Accounting Manager
Global financial technology leader FIS® today announced that Integrity Viking Funds has selected FIS Investment Accounting Manager to modernize its investment accounting infrastructure. The partnership demonstrates FIS’ ability to deliver enterprise-grade technology to handle increasingly complex investment strategies without prohibitive costs or operational complexity to assets managers of all sizes.
The True Cost of Fixed Income E-Trading: Transparency, Margins and Market Structure
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
KAST Appoints Former Binance Global Communications Leader Brad Jaffe as Chief Communications Officer
KAST, the global platform built on stablecoin rails, announced today that Brad Jaffe, who led global communications at cryptocurrency exchange Binance for more than three years during a period of rapid global growth and regulatory evolution, has joined the company as Chief Communications Officer.