ChainCatcher news, according to Cointelegraph, Velo Labs has received a second strategic investment from UOB Venture Management (UOBVM), a private equity and venture capital subsidiary of United Overseas Bank, with the specific amount not disclosed.It is reported that United Overseas Bank has a market capitalization of approximately SGD 54 billion (as of September 2024) and manages total assets exceeding SGD 500 billion. Velo Labs will provide Web3-based financial solutions and settlement networks for value transfer.

ChainCatcher news, PointsFi market Pichi Finance announced the completion of a $2.5 million financing round, led by Signum Capital, UOB Venture Management, and Mantle, with participation from DWF Labs, GBV Capital, Nothc Ventures, and others.According to the Web3 asset data platform RootData, Pichi Finance is a points trading protocol that allows users to trade points from their favorite protocols before the TGE. Pichi has made significant design improvements to the process of trading points by utilizing ERC-6551 accounts (also known as Tokenbound accounts).

ChainCatcher news, cryptocurrency exchange Manta Exchange announced the completion of a new round of financing, with participation from ABCDE Capital, UOB Venture Management, C² Ventures, and Ocular.According to the RootData platform, Manta Exchange provides a copy trading engine supplemented by a risk management system. The platform caters to various copy trading preferences, including fixed amounts, proportional-based, and algorithmic automatic copy trading. The team's background includes key roles in well-known organizations such as Baidu, Huobi, KuCoin, OKX, Game Space, Longtu Korea, Bibox, and AAX Exchange.