Issue #072: XR in India, NFTs & cricket, Thai real estate tokens, MarTech Summit…
Asia’s tech, startup and funding news in brief, drawn from South & SE Asia, Australia & NZ, with wider-world items for reference. Get the app here
Thailand: Fraction clears regulatory hurdle towards helping property owners fractionalize real estate — asia.nikkei.com
The license is essential for the services Fraction intends to provide. The company intends to help issuers digitize ownership of their assets, then digitally fractionalize that ownership so the pieces…
Australia: Fundsquire investment firm gains Au$75M with focus on pre-revenue and early-stage R&D startups — www.startupdaily.net
The business offers R&D finance for SAAS startups, agtech, medtech and biotech companies, as well as mining, manufacturing and renewables and cleantech companies…
China: ByteDance imposes 40-mins-per-day time limit for under-14s on Douyin, in-country version of TikTok — www.theverge.com
As part of the Chinese government’s crackdown on screen time for teenagers, which it considers harmful, ByteDance has put time limits for users under 14 on its TikTok app in China, called Douyin…
India: Blockchain-based Cricket Foundation platform launches CricketCrazy NFT platform — www.techcircle.in
CricketCrazy.io is a non-fungible token (NFT) marketplace for all things cricket and claims to be the world’s first cricket exclusive NFT marketplace…
China: Bytedance to roll out music streaming app with Douyin/Tiktok team overseeing build-out — kr-asia.com
In March last year, ByteDance launched the music streaming platform Resso in India and Indonesia and achieved remarkable success. Riding on the popularity of TikTok, Resso soon attracted a large…
China: JPMorgan to process US credit card payments for Alibaba’s B2B sales unit, working with Alipay — www.emarketer.com
The partnership lets JPMorgan increase revenues and processing volume through Alibaba’s vast business — helping the bank further build out its wholesale payments unit.
India: Planetarium Innovation Challenge launches, seeking AR, VR and mixed reality software — www.techcircle.in
The Indian government is inviting startups and tech entrepreneurs to build indigenous software for planetariums in the country. The government announced a challenge, called the Planetarium…
China: Shanghai Maritime Uni and Conflux launch research lab, in part for offshore digital yuan transactions — beincrypto.com
At present the Conflux blockchain deals with roughly 3,000 transactions per second. It sends a deal confirmation within 23 seconds of completion. The official press release from the city of Shanghai…
The Virtual Martech Summit Thailand set for October 20th — www.linkedin.com
Welcome to The Virtual MarTech Summit where the best minds in modern marketing technology converge. You’ll hear from leaders working in a cross-section of industries whose stories illustrate unique company pain points, breakthroughs, and…
Franklin Templeton seeking $20M for first blockchain-focused fund, and hires for tokenized assets department — www.coindesk.com
“…talented developers and thinkers to join us in building an entirely new platform that will dramatically expand the concept of investing and asset management as it relates to the entire Digital Asset domain,” the job posting said.
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