tessera

ChainCatcher news, according to The Defiant, Finnish crypto asset management company Tesseract has been granted a MiCA license by the Finnish Financial Supervisory Authority (FIN-FSA), allowing it to provide portfolio management, custody, and asset transfer services to both retail and institutional clients; the company claims to be the first European entity to offer DeFi-generated returns to investors through active portfolio management under the MiCA framework.Tesseract Group CEO James Harris stated that there is no minimum investment threshold for retail users. For corporate fund management, the initial deposit is typically around $1 million.

ChainCatcher news, Andy Chorlian, the founder of the NFT fragmentation protocol Tessera (formerly Fractional), announced that Tessera, which he founded, will cease all operations with the NFT marketplace "Escher" in the coming weeks.According to the crypto data platform RootData, Tessera announced the completion of a $7.9 million seed round financing in August 2021, led by Paradigm, with participation from institutions like Robot Ventures; last August, it announced the completion of a $20 million Series A financing, also led by Paradigm, with participation from institutions like Uniswap Ventures. (Source link)

ChainCatcher news, according to the official announcement, the NFT fragmentation protocol Tessera has officially launched, and the auction for the collective ownership of CryptoPunk #4847 has begun.According to previous reports from ChainCatcher, the NFT fragmentation protocol Fractional announced its rebranding to Tessera on August 18 and completed a $20 million Series A funding round, led by Paradigm, with participation from Uniswap Labs Ventures, Focus Labs, eGirl Capital, Yunt Capital, and others. Tessera plans to launch its v2 platform before October. Additionally, Tessera will explore Layer 2 scaling solutions to reduce transaction fees. (source link)

Chain Catcher news, the Web3 energy startup Tesseract, founded by former Revolut Chief Revenue Officer Alan Chang, has completed a $78 million financing round, with $30 million in equity financing and the remaining funding raised through a token sale. The round was backed by investors including Balderton, Lakestar, Accel, Low Carbon, Ribit Capital, Box Group, and former Formula One driver Nico Rosberg.Tesseract is a vertically integrated renewable energy company that purchases energy from power plants at a fixed price and then provides it to consumers. Tesseract plans to tokenize power purchase agreements (PPAs), with one token corresponding to one watt of electricity in the network. (The Block)