ChainCatcher news, according to Nikkei Asia citing informed sources, Singapore's Credit Saison's venture capital firm Saison Capital has allocated $100 million for venture investments in the Web2 and Web3 sectors, including continued investments in the blockchain and cryptocurrency markets.Saison Capital's head Qin En Looi stated, "We are expanding the mandate of our parent fund, seeking to shift our fund portfolio more from Web2 to Web3, not only in early-stage projects but also investing in more new cryptocurrency-focused funds."According to RootData data, Saison Capital's portfolio includes 12 blockchain projects such as the RWA credit protocol Helix, the decentralized stablecoin protocol Thala, and the collaborative entertainment IP Mythic Protocol.

ChainCatcher news, according to The Block, the RWA protocol Helix has completed a $2 million pre-seed funding round, which was co-led by Saison Capital and Superscrypt, with participation from Emurgo Ventures, Comma3 Ventures, Outlier Ventures, Emoote, and others.It is reported that Helix is incubated by the Singapore private credit company Helicap, and the project aims to provide blockchain-based loans to businesses across Southeast Asia. Its platform combines proprietary credit assessment tools with a range of credit opportunities covering multiple industries.

ChainCatcher news, blockchain financial service provider D3 Labs announced the completion of its Pre-Seed funding round, with the specific amount not disclosed. Investors include Saison Capital, Kinesys Capital, Arkana Capital, EX Capital, Qredo, DS/X Venture, as well as UOB Venture Management's blockchain fund UVM Signum Blockchain Fund and Signum Capital. The new funds will be used to build a minimum viable product (MVP), which is set to launch in May.D3 Labs primarily provides "programmable money" technology solutions and infrastructure for enterprise users. (source link)

ChainCatcher news, Saison Capital, an investment institution under Credit Saison, announced the establishment of a Token Fund aimed at accelerating investments in the Web3 sector amid the current market downturn.It is reported that Saison Capital's portfolio includes NFT infrastructure company Gomu, trading platform Finblox, multi-party computation wallet Krayon, and Web3 gaming company Avium. The institution stated that each investment from the new token fund is expected to range between $200,000 and $500,000, and will focus on "Web3 founders with Web2 industry experience." (source link)