Startups
Poland's president vetoed a wide-ranging crypto bill on Dec. 2, warning it could push startups abroad and prompting a sharp clash with government leaders. The move raises immediate questions about the future of crypto policy and business confidence in Poland.
Universal Music Group, Sony Music and Warner Music Group have licensed their catalogs to AI-driven streaming startup Klay, Bloomberg reported, allowing users to remake songs with artificial intelligence. The deals signal major labels' willingness to experiment with AI-based music distribution and new revenue models.
Coinbase has launched Coinbase Business in Singapore, enabling local startups to accept USDC payments and access merchant crypto tools. The move signals deeper institutional and payments-focused expansion into the APAC market.
Coinbase Business is expanding to Singapore with a unified platform for USDC payments, asset management, and treasury tools aimed at startups and small businesses. The launch extends Coinbase’s business product beyond the US and targets faster, crypto-native payments in the Asia‑Pacific market.
The rising popularity of crypto ETFs is capturing investor interest, diverting attention away from early-stage crypto startups. This trend is reshaping how capital flows within the crypto ecosystem.
In Q4 2024, crypto startups attracted $3.5 billion in venture capital across 416 deals, marking a 46% quarter-over-quarter increase. Early-stage investments made up 60%, with stablecoin firms like Tether leading the funding rounds. The U.S. continues to dominate capital allocation, while regulatory changes and growing interest in integrating crypto with traditional finance forecast a potential surge in 2025.