BusinessThe company will use the funding to support its Web 3 plans for providing non-custodial authentication infrastructure for cryptocurrency wallets.By Tanzeel AkhtarJan 12, 2022 at 1:19 p.m. UTCUpdated Jan 12, 2022 at 2:56 p.m. UTCTorus, Torus Labs, DirectAuth Source link … [Read more...] about Torus Rebrands to Web3Auth, Raises $13M to Simplify Crypto Logins
Simplify
Simplify Files Application With SEC for Web 3 ETF
Simplify Asset Management has filed an application with the U.S. Securities and Exchange Commission (SEC) for an exchange-traded fund (ETF) focused on Web 3.In a filing Wednesday, Simplify said the “Simplify Volt Web 3 ETF” would trade under the ticker symbol “WIII” and track Web 3 companies that are expected to benefit from technology infrastructure play.The fund would not … [Read more...] about Simplify Files Application With SEC for Web 3 ETF
Anoma Foundation Raises $26M to Simplify Exchanging Cryptocurrencies
The Anoma Foundation, a blockchain technology company, has raised 24 million Swiss francs (US$26 million) in a funding round at a valuation of 240 million Swiss francs ($260 million). The funds will help advance the Anoma protocol, a proof-of-stake blockchain that allows traders to conduct private, asset-agnostic transactions. Source link … [Read more...] about Anoma Foundation Raises $26M to Simplify Exchanging Cryptocurrencies
EY aims to simplify cross-border withholding tax process with blockchain
Global professional services firm Ernst & Young (EY) continues exploring the potential of blockchain technology to improve taxation processes with a new initiative.The company announced Wednesday that EY completed a blockchain-based project to address complexities and inefficiencies in the cross-border withholding tax (WHT) process, generally a paper-based process where … [Read more...] about EY aims to simplify cross-border withholding tax process with blockchain