Every day Briefing: Singapore’s GIC leads $106.6m funding in US crypto platform Anchorage; 1,700 flats surrendered to HDB previously 5 years


And ComfortDelGro to launch ‘one-stop’ way of life and mobility app.

From DealStreetAsia:

Singapore’s sovereign wealth fund GIC has led an $106.6m (US$80m) Sequence C funding in US-based digital asset platform Anchorage.

Different traders taking part within the spherical embody US enterprise capital corporations Andreessen Horowitz (a16z), Blockchain Capital and Lux Capital, in addition to Portuguese fund Indico Capital Companions, in response to a press release.

The funding will probably be used to gasoline Anchorage’s enlargement in serving to extra clients, particularly companies and conventional monetary establishments, take part within the digital asset area.

The corporate affords crypto-native monetary services, akin to staking, governance, financing and lending, buying and selling, and DeFi (decentralised finance).

It stated it should develop at-launch assist for brand new protocols within the coming months whereas having invested in such assist for protocols like Celo, Filecoin, and Oasis.

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From ChannelNewsAsia:

About 1,700 flats have been surrendered to the Housing and Growth Board (HDB) previously 5 years, with most being short-lease flats, stated Senior Minister of State for Nationwide Growth Sim Ann on 2 March.

She was responding to a Parliamentary query by MP Gan Thiam Poh through the Ministry of Nationwide Growth’s Committee of Provide debate.

Gan had requested for the variety of flats resold to HDB, the explanation why the flats have been resold, and if HDB would think about providing these flats on its open reserving system.

Half of the surrendered flats have been two-room flats, one-sixth have been three-room flats and one-third have been four-room or bigger flats, stated Sim.

About 1,000 have been short-lease flats, comprising studio flats, two-room Flexi flats purchased on a brief lease and flats whose homeowners opted for the Lease Buyback Scheme.

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From ChannelNewsAsia:

ComfortDelGro on 2 March introduced the launch of a “one-stop” way of life and mobility app known as Zig.

The brand new app, accessible from 9 March, will enable customers to ebook taxis, plan journeys, make eating reservations, place click-to-collect orders at meals and beverage shops, discover offers, and buy tickets to points of interest and leisure shops.

The app is geared toward serving to customers “join and commute conveniently, in addition to uncover new experiences in and round Singapore”, stated ComfortDelGro in a media launch. An interactive map-based interface “makes it simple to seek for way of life companies”, it added.

“That is the primary time we’re rolling out such an all-in-one way of life and mobility app,” stated Yang Ban Seng, managing director and group CEO of ComfortDelGro.

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