Ark Labs has secured $2.5 million in a pre-seed funding round led by Draper Associates, with contributions from Fulgur Ventures, Axiom Capital, and angel investor Stephen Cole...
TALLINN, August 22, 2024—Ark Labs, a pioneer in innovative digital payments solutions, has today announced the successful completion of a $2.5 million pre-seed funding round led by visionary tech investor Tim Draper and his firm, Draper Associates. With participation from industry leaders Fulgur Ventures, Axiom Capital, and prominent
Tether has announced its plans to launch a new stablecoin pegged to the United Arab Emirates Dirham (AED).
The development of this stablecoin will involve a partnership with Phoenix Group PLC, a technology company based in the UAE, and will also be supported by Green Acorn Investments Ltd.
The Dirham-pegged