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Cryptocurrency Financial Services Platform Veera Raises $10 Million in Funding, with Participation from Sigma Capital, CMCC Titan Fund, and Others

3 hours ago

Jan 16 — Singapore-based crypto financial services platform Veera has closed a $10 million seed and seed extension funding round, per Techinasia. Investors in the round include Sigma Capital, CMCC Titan Fund, 6th Man Ventures, and Ayon Capital. Veera says the capital will go toward product development and expanding its on-chain financial services. The company launched its mobile-first platform in January 2025, claiming it has surpassed 2 million downloads and 220,000 monthly active users (MAUs). The platform supports self-custody wallets, and Veera recently rolled out a waitlist for its Veera Card — designed to let users spend on-chain assets globally.
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Haslet: US Major Bank to Launch New 'Trump Card'

On January 16, White House National Economic Council Director Kevin Hassett said he has been in touch with major banks regarding credit card matters, and the banks will roll out a new "Trump Card."

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A certain whale engaged in yield farming to acquire gold, purchasing 8337 XAUT.

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XRP to Become Upbit's Top Trading Volume Cryptocurrency in 2025

Jan. 16 — Upbit, South Korea’s largest cryptocurrency exchange, announced that XRP had emerged as the platform’s top-traded digital asset by 2025, with total trading volume topping $1 trillion and outpacing that of leading coins including Bitcoin.

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「BTC OG Insider Whale」 Proxy Bets on ETH: Ethereum is the Asset Liability Optimizer of the Macro Cycle

On January 16, Garrett Jin, the operator behind the "BTC OG Insider Whale" account, posted noting that for businesses, purchasing ETH at $3,000 and staking it at a fixed 3% annual percentage yield (APY) would generate a 9% annualized USD staking return if the token climbs to $9,000. Even if ETH prices decline (a scenario he deems unlikely), long-term staking returns can offset losses in fiat terms, he added. For institutions and businesses like BitMine, ETH acts as a balance sheet optimizer across market cycles. Its high growth potential and technological attributes make its valuation a race against time—similar to today’s high-P/E AI stocks.

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Dreamcash launches RWA perpetual contract market on Hyperliquid with USDT0 collateralization

Dreamcash, a mobile trading platform, announced on January 16 a partnership with Tether and Selini Capital to launch a series of RWA-based HIP-3 perpetual contract markets on Hyperliquid, with USDT0 as collateral.

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On January 16, Binance’s futures platform is set to launch USDT-margined SPORTFUN and AIA perpetual contracts.

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