cmcc

According to PR Newswire, the blockchain asset management firm CMCC Global announced the tokenization of its Crest Fund (Crest) and Liberty Bitcoin Accumulation Fund (LBAF), calling them the first tokenized master fund products issued under El Salvador's digital asset legal framework.The two funds will be issued using Tether's Hadron tokenization platform and will raise funds from qualified investors through the regulated Bitfinex Securities platform, with the subscription period ending on October 30, 2026. Both funds are multi-manager quantitative hedge funds that invest in market-neutral strategies in the digital asset market, including funding rates, cross-exchange and volatility arbitrage, market making, and DeFi strategies. Among them, Crest is denominated in USD, targeting returns above U.S. Treasury yields; LBAF is denominated in Bitcoin, targeting a net annualized return of 8% to 12%.BTCS S.A., a digital asset treasury company listed in Poland and Frankfurt, has agreed to act as a cornerstone investor and plans to allocate a three-digit number of Bitcoins to LBAF, with the specific amount not yet disclosed. The token issuance price is set at $10 per CREST and 0.0001 BTC per LBAF, with a minimum subscription of one token; eligible holders can also trade on the secondary market through Bitfinex Securities around the clock.

ChainCatcher news, Sonic Labs announced on its official blog that the blockchain venture capital firm CMCC Global plans to launch the Sonic ecosystem fund Resonance Fund, with a scale of up to $25 million. The fund is dedicated to investing in groundbreaking protocols and founders that shape the Sonic ecosystem.The fund primarily focuses on high-growth opportunities in the DeFi and consumer-facing application sectors, with its core mission to promote fee monetization models as a sustainable revenue model for smart contract developers and accelerate their adoption. Additionally, the fund aims to enhance the liquidity of the Sonic ecosystem through strategic capital allocation. Its investment strategy is designed to capture value throughout the entire asset lifecycle, targeting early investments in emerging DeFi leading projects as well as strategic investments in high liquidity assets within the Sonic ecosystem.

ChainCatcher news, Web3 startup Terminal 3 announced the completion of an $8 million seed round financing, led jointly by Illuminate Financial and CMCC Titan Fund, with participation from Animoca Brands, Progression Fund, IDG Blockchain, Cherubic Ventures, 500 Global, Consensys Mesh, Hard Yaka, and BlackPine. The new funds will be used to build decentralized identity and credential data infrastructure, as well as to develop a brand new data privacy and security protocol to be released later this year.

ChainCatcher news, the blockchain-based iGaming platform BoxBet has completed financing led by CMCC Global. CMCC is a $500 million venture capital firm supported by the Winklevoss twins and Li Ka-shing's Horizons Ventures, which has previously funded key blockchain projects including Solana. BoxBet intends to use the new funds to expand its influence in regulated markets by obtaining licenses and scaling operations.

ChainCatcher news, the self-custody digital trading company Shuttle Labs announced that it has completed a $6 million seed round financing, with participation from Anthony Scaramucci, CMCC Global, SALT Fund, Flow Traders, and several former FTX employees.Shuttle Labs also announced the launch of the self-custody digital trading platform Genius beta, which aims to address a series of issues that led to FTX's bankruptcy, such as security, user control, and decentralization, while exploring the elimination of third-party custody risks through a self-custody model, ensuring that users always hold their own private keys.

ChainCatcher news, stablecoin issuer IDA has raised $6 million in a seed round led by CMCC Global, with participation from its Titan Fund and Hashed. This funding will enable IDA to advance the development and launch of its first fiat-referenced stablecoin HKDA, which aims to be regulated in Hong Kong. Other participants in this round of financing include Hack VC, Anagram, GSR, Protagonist, Brinc, Chorus One, Kenetic, SNZ, and Yolo Investments, as well as notable angel investors such as Solana co-founder Raj Gokal.

ChainCatcher news, according to Decrypt, the NFT application layer Moongate has completed a $2.7 million seed round financing, led by Titan Fund under CMCC Global, with participation from Token Bay Capital, Penrose Ventures, RNR Capital, Cogitent Ventures, GBV, PHD Capital, and angel investors such as Coingecko, Synthetix, and Dolphin Browser. In addition, ecosystems like Arbitrum, Polygon, Avalanche, and BNB Chain have also provided support.It is reported that Moongate's flagship product, a decentralized ticketing and membership platform, has successfully attracted over 100,000 active users and established partnerships with major brands such as Wonderfruit, ComplexCon, SiamPiwat, and Binance. The platform is preparing to launch a V2 upgrade, which will include a points system and plans to issue tokens this year.

ChainCatcher news, Hong Kong-based crypto venture capital firm CMCC Global has raised $100 million for a new fund called "Titan Fund," with participation from Block.one, PCCW Group, Winklevoss Capital, Jebsen Capital, and Animoca Brands founder Yat Siu.CMCC Global co-founder Martin Baumann stated that the Titan Fund is CMCC Global's fourth fund and will provide equity investments for early-stage blockchain startups, with a focus on Hong Kong. He added that among the five investments already made, two are Hong Kong companies.

According to ChainCatcher news, Animoca Brands has announced a new round of binding financing commitments to accelerate the development of its NFT project Mocaverse. Animoca Brands raised $20 million by issuing new ordinary shares at a price of AUD 4.50 per share. As part of this financing, the company issued free additional utility token warrants to investors based on a 1:1 dollar ratio. The financing was led by CMCC Global, with participation from Kingsway Capital, Liberty City Ventures, GameFi Ventures, Yat Siu (Executive Chairman and Co-founder of Animoca Brands), Aleksander Larsen (Founder of Sky Mavis), Gabby Dizon (Founder of Yield Guild Games), and institutional investors from Koda Capital.Mocaverse is building Web3-native tools to enhance the capabilities of products in the gaming, culture, and entertainment verticals, allowing users to create their own digital identities, accumulate reputations, earn and spend loyalty points, and access the Mocaverse ecosystem supported by Animoca Brands' network of over 450 portfolio companies and partners with more than 7 million addressable users.Mocaverse will soon launch the NFT series Moca ID, aimed at enabling users to build their on-chain identities and participate in the Mocaverse ecosystem. Moca ID holders will gain exclusive access to Mocaverse ecosystem experiences and will have the opportunity to earn unique loyalty points through active participation. These loyalty points will support a permissionless and interoperable loyalty system that will gradually decentralize to allow third parties to adopt and integrate Moca ID, aimed at driving accessibility and growth in Web3.

ChainCatcher news, according to The Block, Cosmos core developer Informal Systems has completed a $5.3 million financing round, led by CMCC Global, with participation from Nascent, Maven11, and individual investors from Celestia and EigenLayer. This round of financing will be used to promote the development of the company's security audit division, Informal Security. (source link)

ChainCatcher news, cryptocurrency infrastructure company Anoma Foundation has completed a $25 million funding round. The venture capital firm CMCC Global led the round. The new funds will be used for further development of the Anoma architecture, research and development, ecosystem development, and strategic partnerships.Anoma Foundation currently manages the multi-chain privacy-focused blockchain Namada and the privacy protection protocol Anoma. (Source link)

ChainCatcher news, according to Bloomberg, the blockchain-focused venture capital firm CMCC Global is launching a $100 million fund. The aim is to invest in startups focused on blockchain projects, targeting companies in Hong Kong and other regions that are in Series A and B funding stages.CMCC Global co-founders Baumann and Morris hold a majority stake in CMCC, while Hong Kong tycoon Richard Li and Gemini Trust founders Cameron Winklevoss and Tyler Winklevoss are also investors in its holding entity. (Bloomberg)

ChainCatcher news, Swiss Syz Group will collaborate with Hong Kong venture capital firm CMCC Global to launch a fund with a scale of at least $50 million, investing in cryptocurrency-focused hedge funds.Syz Capital Managing Partner Richard Byworth stated that SyzCrest Digital will begin operations on July 1, with a final goal of raising up to $300 million. Willy Woo, who manages a quantitative research-driven fund for CMCC, will join the newly registered company in the Cayman Islands as a member of the investment committee. (source link)

ChainCatcher news, Web3 game platform Ajuna Network announced the completion of a $5 million financing round, led by CMCC Global. Additionally, this Friday, Ajuna Network launched the Awesome Ajuna Avatars NFT series, inspired by the company's flagship game BattleMogs.According to the crypto data platform RootData, Ajuna Network previously raised $2 million in a seed round in February 2022, led by Fundamental Labs, with other investors including OKX Blockdream Ventures, Signum Capital, and Animoca Brands, which invested in Ajuna's parent company BloGa Tech AG. (source link)