Evening News | Animoca Brands Japan completes $45 million financing; Binance and FTX intend to acquire Voyager Digital

Organizer: flowie, Chain Catcher

"What important events have occurred in the past 24 hours"

1. Shanghai Data Exchange establishes digital asset sector, multiple digital collectibles launched
On August 24, the Shanghai Data Exchange announced the establishment of a digital asset sector and released management regulations for the sector. The first digital asset launched is "Huili DESIGN - Year One," jointly issued by the state-owned brand "Huili" under Huayi Group and the first batch of digital asset issuance platform "Bilibili." This digital collectible includes 6 images totaling 2022 pieces, which were issued for free on the Bilibili platform at 12:00 on August 25, with 210 users eligible to purchase limited edition physical Huili shoes. (Source link)

2. Animoca Brands Japan completes $45 million financing at a $500 million valuation, with participation from MUFG
Animoca Brands' subsidiary Animoca Brands Japan announced the completion of $45 million financing at a $500 million valuation, co-invested by MUFG and Animoca Brands. This round of financing will be used to acquire intellectual property licenses, promote partner adoption of Web3 technology, and increase investment in security. (Source link)

3. MakerDAO passes MIP6 proposal and initiates new execution proposal to withdraw 25 million DAI from RWA-009 vault
MakerDAO stated that it has issued over 89 million DAI through real-world assets (RWA). The new governance proposal MIP6 has been voted through, aiming to use tokenized real estate supported loans from Robinland (RBLD) as collateral in the Maker protocol. Robinland will issue RBL Tokens to bundle all potential tokenized real estate loan projects, and RBL Tokens will be usable as collateral to generate DAI. Additionally, MakerDAO has initiated a new execution proposal to withdraw 25 million DAI from the RWA-009 (HVBank) vault, as the core team of the collateral engineering service found that due to a lack of liquidity in the DAI/USD market, the maximum DAI amount that can be exchanged at "risk" settlement on the same day is 25 million DAI. If this execution proposal is not passed within 30 days, it will expire. (Source link)

4. Synthetix founder initiates proposal SIP-276 to cap total supply of SNX tokens at 300 million
Kain Warwick, founder of the synthetic asset protocol Synthetix, proposed a new governance proposal SIP-276, planning to cap the total supply of SNX tokens at 300 million to end inflation. Currently, SNX's inflation has increased the total supply to 293 million SNX. Approximately 6,748,739 tokens will also be minted over the next ten weeks until the total supply reaches 300 million SNX. Warwick explained that the reward inflation model for SNX was initially designed to "guide the network," but he believes it is no longer necessary as sustainable fee revenue can be generated from atomic swaps. (Source link)

5. BendDAO completes liquidation of second batch of 3 BAYC, all below floor price
The second batch of 3 BAYC from BendDAO was liquidated on August 25, all at prices below yesterday's floor price of 75.4 ETH. The bidding price for Bored Ape Yacht Club #6941 was 72.5 ETH. Mutant Ape Yacht Club #27450 was also liquidated yesterday at a price below the floor price, with a bidding price of 13.5768 ETH. (Source link)

6. 101 Azuki NFTs held by anonymous collector identified as Zheng Zhigang, grandson of Chow Tai Fook founder
Adrian Cheng, Executive Vice Chairman and CEO of New World Group in Hong Kong, stated on his social media that he is the Web3 anonymous supporter LastKnight, who holds 101 Azuki NFTs. In addition to holding Azuki, LastKnight has also invested in several projects including RTFKT and Animoca Brands. Cheng and his team also stated they will continue to support the Azuki metaverse and ecosystem development and explore more collaborations. According to public information, Cheng was born in 1980, is the eldest son of Cheng Kar-shun, chairman of New World Development Company, and the grandson of Chow Tai Fook founder Zheng Yutong. He graduated from Harvard University and studied art and culture in Japan, currently serving as Executive Vice Chairman and CEO of New World Group. (Source link)

7. Web3 venture fund Symbolic Capital completes $50 million fundraising, with participation from Polygon co-founder
Web3 venture capital fund Symbolic Capital has completed $50 million in fundraising, with participation from Polygon co-founder Sandeep Nailwal, Cere co-founder Kenzi Wang, and other venture capital firms and crypto exchanges.
It is reported that Symbolic Capital has already made about 15 investments, including Web3 game studio BlinkMoon, Polygon-based metaverse platform Mojo, and esports platform Community Gaming. (Source link)

8. Flow NFT marketplace developer NFT Genius completes $10.5 million Series A financing at a $150 million valuation, led by Dapper Labs
NFT Genius has completed $10.5 million in Series A financing at a $150 million valuation, led by Dapper Labs, Spartan Labs, Commonwealth Asset Management (CWAM), and Fundamental Labs, with participation from Spartan, One Football, and Unibanco. NFT Genius is a company providing NFT project and marketplace technology, currently developing the Flow-based NFT secondary market Gaia, which is supported by Dapper Wallet and accepts credit card payments to make it easier for non-crypto natives to purchase NFTs. NFT Genius will use the new funds to expand its footprint beyond sports and support major entertainment and cultural transactions to grow the Gaia market and reach mainstream consumers. (NFTgators)

9. Binance and FTX interested in acquiring Voyager Digital assets
According to CoinDesk citing informed sources, Binance and FTX are interested in acquiring Voyager Digital. One source stated that Coinbase evaluated the deal but backed out. Bidding for Voyager's assets will take place on September 6. If a winner needs to be selected, an auction will be held on September 29. According to the company's lawyer's introduction earlier this month, at least 22 investors have completed due diligence and expressed interest in bidding for Voyager's assets, so Binance, FTX, and Coinbase may not be the only bidders. (CoinDesk)

"What interesting articles are worth reading in the past 24 hours"

1. Move: Javascript of Web3
In Twitter posts and crypto publications, the names Sui and Aptos always come up. What are these new high-throughput L1 blockchains? Why do they attract investments from companies like a16z, FTX, and Multicoin? We find that both blockchains have deep historical ties to Diem and use a new programming language—Move.
In this article, we will delve into the features of Move, briefly introduce blockchains like Sui and Aptos that adopt Move, then review the birth of Solidity/EVM, and finally compare whether Move and MoveVM can create their own vibrant ecosystem.

2. Detailed explanation of the current development status and future vision of the Chiliz sports ecosystem
Not every sports fan can afford to buy a $250,000 Messi digital collectible card or a $120,000 NFT avatar of LeBron James. However, most fans can participate in the digital realm of their favorite teams or sports celebrities in the form of tokens. This is where Chiliz (CHZ) comes into play.
But what exactly is Chiliz, how does it work, and what are the recent developments and partnerships of Chiliz? This article will provide the answers.