Fintech
Payments Firm Stronghold Launches $100M Investment Fund Aimed at Fintech and Web 3
Stronghold Capital has already invested in Sam Bankman-Fried’s Alameda Research, and Precursor Ventures.

Compliance Platform Sardine Closes $19.5M Funding Round to Eliminate Fishy Crypto Transactions
A16z, NYCA and Experian joined in the capital raise for the San Francisco startup.

How This Taiwanese Fintech Company Wants to Bridge the World Using Stablecoins
Taiwan's conservative outlook and strict regulatory environment has limited the country from being a regional financial hub like neighbors Hong Kong and Singapore. Wayne Huang, CEO of Taipei-based TradeTech fintech, discusses how his firm plans to step in to build bridges between countries for business remittances via stablecoins. Plus, insights into the larger crypto environment in Taiwan, the impact of China's crypto crackdown, and concerns of US regulations.

New York Senate Confirms New Top Financial Regulator
The New York Department of Financial Services confirmed Adrienne Harris, a former federal official and professor, to run the Wall Street regulator Tuesday. Harris has been serving as the acting Superintendent of NYDFS since her nomination in August 2021. CoinDesk's Nikhilesh De discusses the implications for crypto, fintech, and financial services regulation at large.

Crypto Payments Service Provider BCB Group Raises $60M Series A
The new financing will be used to accelerate BCB Group's offerings.

German Fintech Naga to Start Crypto-Focused Social Trading Platform
Nagax will consist of a crypto wallet, NFT and staking platforms, a spot exchange and a futures and derivatives exchange.

India’s Central Bank Creates Fintech Department That Will Address CBDC
The bank is working on a digital currency, and parliament is set to consider crypto regulations.

French Fintech Lydia Attains Unicorn Status With $100M Series C Funding
The funding round includes new investors Dragoneers and Echo Street along with existing backers Tencent, Accel and Founders Future.

Republic of Palau Joins Hands With Ripple to Develop Digital Currency Strategy
The fintech company will explore the country’s first digital currency strategy and its use case.

