Arcade
NFT-collateralized loan platform Arcade raises $15M in funding round
Arcade, a platform that allows users to utilize nonfungible tokens (NFTs) as loan collateral, has raised $15 million in a Series A funding round with participation from Pantera Capital. In a Wednesday announcement, Arcade said Pantera, Castle Island Ventures, Franklin Templeton Blockchain Fund, Golden Tree Asset Management, Eniac Ventures, Protofund, Probably Nothing Capital and Lemniscap in addition to angel investors BlockFi CEO Zac Prince and Quantstamp CEO Richard Ma were behind the investment in an effort to connect NFT-collateralized lending with the decentralized finance space. The platform is also coming out of a private release with $3.3 million in total loan volume secured on a total of $10 million in assets. Arcade co-founder Gabe Frank said NFTs account for a significant portio...
Pulse Launches Dedicated Mobile Gaming Channel Across Africa
Pulse and Good World Games have announced the introduction of Pulse Games channels across all its African digital media platforms (Pulse Nigeria, Pulse Ghana and Pulse Live Kenya). The channels will feature hundreds of premium hypercasual games along with new engaging media content. “We couldn’t be more excited to bring even more entertainment to our audience with this new addition to our content categories,” says Yetunde Oyeleke, Director of Marketing at Pulse Africa. “With the Pulse Games category, we’re offering an even richer digital experience to our users and this is strongly in line with our mission to engage Africa’s young audience and to lead in digital media innovation in Africa.” /* custom css */ .tdi_3_884.td-a-rec-img{ text-align: left; }.tdi_3_884.td-a-rec-img img{ margin: 0 ...
