partnerships

Chainlink Labs Blockchain Partnerships Lead: The transaction value realized on the Chainlink network exceeds $10 trillion, with over 12.5 billion data points transmitted

ChainCatcher news, the "Web3 Insight Summit" co-hosted by ChainCatcher, RootData, and Oak Grove Ventures was held today at the Renaissance Hong Kong Harbour View Hotel. During the conference, Sean Chung, Head of Blockchain Partnerships at Chainlink Labs, delivered a speech titled "Secure, Reliable, and Interoperable Future: Chainlink CCIP."Sean Chung mentioned that the transaction funds involved in blockchain cross-chain activities are actually greater than those in the DeFi sector. However, the lack of interoperability among different chains has led to significant liquidity fragmentation issues in the crypto market, stifling on-chain innovation.The interoperability protocol CCIP being built by Chainlink Labs is connecting various applications, public chains, and private chains to realize an interconnected Web3. Currently, the Chainlink network has achieved over $10 trillion in TVE (Transaction Value Enabled), with over 12.5 billion data points delivered on its chain, and has partnered with more than 12 major global financial institutions, including Swift.The "Web3 Insight Summit" is hosted by ChainCatcher, aiming to gather the most thoughtful and innovative senior professionals in Web3 from around the world to provide more constructive insights for the industry, present more industry insights, and help Web3 move towards the mainstream.

GGV Capital has split into two independent partnerships, one in the United States and one in Asia. GGV Capital will operate independently and will no longer use the GGV brand

ChainCatcher news, GGV Capital announced that it will split into two completely independent partnerships, each with its unique brand name. Among them, the U.S. partnership, led by managing partners Glenn Solomon, Hans Tung, Jeff Richards, and Oren Yunger, will primarily invest across North America, Latin America, Israel, Europe, and India/U.S. cross-border, with offices in Silicon Valley and New York. Meanwhile, the Asian partnership, led by managing partners Jenny Lee and Jixun Foo, will primarily invest in China, Southeast Asia, and South Asia, headquartered in Singapore.In addition, the RMB fund under the Jiyuan Capital brand will continue to be independently managed by managing partner Eric Xu. This transformation is expected to conclude in the first quarter of 2024.After this, Jiyuan Capital announced that it will no longer use the name GGV and has updated its official website address (www.jiyuancap.com). However, the website currently does not display its partnership composition, only listing several well-known investment projects, such as Xiaopeng Motors, Baibu, Sandunban, Moore Threads, JD Industrial, and more. The team's email will also correspondingly change; the original brand name "GGV 纪源资本" on official platforms like WeChat will be renamed to "纪源资本".Previous report, Sequoia Capital announced in June this year that it will split into three companies, with Sequoia China being rebranded as HongShan, and Sequoia India and Southeast Asia being rebranded as Peak XV Partners. Sequoia's U.S. and European businesses will maintain their affiliation with the original Sequoia Capital brand, with a completion deadline set before March 31, 2024.
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