Global Startup Funding Grows During Q1 of 2024

Leaving behind two challenging years for the technology market such as 2022 and 2023, the first quarter of 2024 seems to change the market trend. Facing an international macroeconomic economy with better indicators compared to the last four-month periods, the technology market seems to show a positive funding trend. CrunchBase reported that this first quarter closed with a 6% increase in fundraising compared to the previous quarter. The media added that the artificial intelligence industry was one of the strongest, obtaining 17% of the funding for the technology sector worldwide,…

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Hong Kong Gives Greenlights for its First Bitcoin, Ethereum Spot ETFs

Hong Kong, on Monday, approved several spot Bitcoin and Ethereum exchange-traded funds(ETFs), the latest development in its quest to become a major cryptocurrency hub. The Hong Kong Securities and Futures Commission (SFC) officially granted these approvals to China Asset Management (Hong Kong), Bosera Capital, and HashKey Capital Limited, as well as an in-principle approval for Harvest Global Investments. “The introduction of the Virtual Asset Spot ETFs not only provides investors with new asset allocation opportunities but also reinforces Hong Kong’s status as an international financial center and a hub for…

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