NFT Lending Company NiftyApes Raises $4.2M in Seed Round with Coinbase Ventures Involved
NFT lending company NiftyApes announced that it has raised $4.2m in a seed funding round co-led by Variant and FinTech Collective, with participation from Robot Ventures, Polygon, <a href="https://tokeninsight.com/en/capitals/coinbase-ventures" target="_blank">Coinbase Ventures</a> and others. The fund will be used to expand the team.
Government issues Policy Statement on development of Virtual Assets in Hong Kong
The Government today (October 31) issues a policy statement on the development of Virtual Assets (VA) in Hong Kong. The statement sets out the Government's policy stance and approach towards developing a vibrant sector and ecosystem for VA in Hong Kong. The following topics are covered in the statement: